Solution-Record in general journal form any necessary

Record in general journal form any necessary entries

Assignment Help Cost Accounting

Reference no: EM13929984

The following information is available for Sunset Valley Hotel for July 2013:

1841_264-B-C-A-I-C-C (1121)-1.png

The following is a list of checks and deposits recorded on the books of the Sunset Valley Hotel for July 2013:

1373_264-B-C-A-I-C-C (1121)-2.png

Other Information:

1. Check no. 2350 was outstanding from June.
2. The credit memo was for collection of notes receivable.
3. All checks were paid at the correct amount.
4. The debit memo was for printed checks.
5. The June 30 bank reconciliation showed a deposit in transit of $1,102.
6. The unadjusted Cash account balance at July 31 was $13,200.

Required:

a. Prepare the bank reconciliation for Sunset Valley Hotel at the end of July.
b. Record in general journal form any necessary entries to the Cash account to adjust it to the true cash balance.

Reference no: EM13929984

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Record in general journal form any necessary entries

Reference no: EM13929984

Reference no: EM13929984

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