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Make all journal entries required for highgate security

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Reference no: EM132784593

The following information has been gathered for Highgate Security for the month ended September 30, 2021:

1) The bank statement indicates a balance of $6,417.

2) The general ledger cash account indicates a balance of $5,422 on September 30, 2021.

3) There was an EFT deposit of $1,700 on the bank statement for the monthly rent from a tenant.

4) The bookkeeper had erroneously recorded a $100 cheque as $1,000. The cheque was to settle the account payable of Janex Supplies.

5) The bank statement revealed $50 in service charges.

6) Cheques #112 and #107 for $1,260 and $785 respectively did not appear on the bank statement.

7) A deposit made on September 29, 2021 for $2,900 did not appear on the bank statement.

8) A bank debit memo indicated an NSF cheque for $700 relating to the account receivable of Theodore Childress.

Instructions

problem a) Need a bank reconciliation for Highgate Security at September 30, 2021.

problem b) Need all journal entries required for Highgate Security's September 30, 2021

Reference no: EM132784593

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