Requirement 1 Prepare Washington Photographys bank reconcili

Requirement 1. Prepare Washington Photography\'s bank reconciliation at Nomber 30, 2018 Prepare the bank portion of the reconciliation, followed by the book portion of the reconciliation. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.) Washington Photography Bank Reconciliation November 30, 2018 Date Check No. Item Check Deposit Balance Nov. 1 $530 ADD: 622 Quick Mailing Service Revenue $ 135 65 70 615 LESS: 13 623 Photo Supplies 14 18 625 Cash 26 626 Office Supplies 624 Utlities 400 335 70 1,295 27 Upstate Realty Co Service Revenue 265 30 1,225 ADD: Print Done

Solution

Washington Photography Bank Reconciliation November 30,2018 Bank: Balance ,Nov 30,20,2018 289 ADD: Deposits in transit 1,225 1514 LESS: Checks outstanding cheque 626 65 cheque 627 265 330 Adjusted Bank Balance 1184 Books: Balance ,Nov 30,2018 1,295 ADD: 0 1,295 LESS: Error in recording chq#624 70 Printed checks 26 Service charge 15 111 Adjusted Book Balance 1,184 Requirement 2 Washington has cash of $ 1,184 of November 30,2018 Requirement 3 Date Accounts & Explanations Debit Credit 30-Nov Utilities expense 70 cash 70 30-Nov Bank expense 26 cash 26 30-Nov Bank expense 15 cash 15