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Prepare its bank reconciliation

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Reference no: EM133128207

Question - Del Gato Clinic's cash account shows an $16,405 debit balance and its bank statement shows $16,711 on deposit at the close of business on June 30.

1. Outstanding checks as of June 30 total $2,643.

2. The June 30 bank statement lists a $95 bank service charge.

3. Check No. 919, listed with the canceled checks, was correctly drawn for $189 in payment of a utility bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $198.

4. The June 30 cash receipts of $2,251 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement.

Required - Prepare its bank reconciliation using the above information.

Reference no: EM133128207

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