Prepare a bank reconciliation for the halekulani hotel

Reference no: EM132788408

On November 30 of the current year, the bank statement, showed a balance of $3,338.20 in the Halekulani Hotel bank account. The general ledger showed a debit balance of $4,195.20 at November 30. The following information was also determined:

a) A customer's cheque for $970 marked NSF was returned with the bank statement and was deducted from the bank account. The bank also deducted $25.00 to process the NSF cheque

b) The November 30 cash receipts of $1,984.05 were placed in the bank's night depository after banking hours November 30 but this did not appear on the bank statement.

c) $33.05 in cheque processing fees were deducted from the bank statement by the bank.

d) Cheques totaling $2,110 which were written by the Halekulani Hotel during November were not returned with the bank statement and not yet deducted by the bank.

e) The bank paid the Halekulani Hotel $45.10 in interest for maintaining a minimum balance in their account for the month

REQUIRED:

Problem 1: Prepare a bank reconciliation, in good form, for the Halekulani Hotel.

Reference no: EM132788408

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