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    Latihan 4 - Terry Hilario Santoso - 15112310012

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    Limbah Limbuh
    Wyatt's bank reconciliation shows an adjusted cash balance of $3,360.20 according to both the bank statement and accounting records after deposits in transit of $530 and outstanding checks of $730 are taken into account. A journal entry is required to record an NSF check of $490 that reduces the cash balance per books and a $25 bank service charge expense that further reduces the cash balance per books.

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    Latihan 4 - Terry Hilario Santoso - 15112310012

    Uploaded by

    Limbah Limbuh
    2 views4 pages
    Wyatt's bank reconciliation shows an adjusted cash balance of $3,360.20 according to both the bank statement and accounting records after deposits in transit of $530 and outstanding checks of $730 are taken into account. A journal entry is required to record an NSF check of $490 that reduces the cash balance per books and a $25 bank service charge expense that further reduces the cash balance per books.

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    Wyatt's bank reconciliation shows an adjusted cash balance of $3,360.20 according to both the bank statement and accounting records after deposits in transit of $530 and outstanding checks of $730 are taken into account. A journal entry is required to record an NSF check of $490 that reduces the cash balance per books and a $25 bank service charge expense that further reduces the cash balance per books.

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    2 views4 pages

    Latihan 4 - Terry Hilario Santoso - 15112310012

    Uploaded by

    Limbah Limbuh
    Wyatt's bank reconciliation shows an adjusted cash balance of $3,360.20 according to both the bank statement and accounting records after deposits in transit of $530 and outstanding checks of $730 are taken into account. A journal entry is required to record an NSF check of $490 that reduces the cash balance per books and a $25 bank service charge expense that further reduces the cash balance per books.

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    of 4

    E. 7.

    A. Wyatt's bank reconciliation

    Date Account titles Amount


    January 31 Cash balance per bank 3,560.20
    Add: Deposits in transit 530.00
    4090.20
    Less: Outstanding checks 730.00
    Adjusted balance per bank 3,360.2

    Cash balance per books 3,875.20


    Less: NSF check 490.00
    Less: Bank service charge 25.00
    Adjusted balance per books 3,360.2
    Cash balance is 3.360.2

    B. Wyatt's journal entry required by reconciliation

    Date Account titles Debit Credit


    January 31 Account receivable 490.00
    Cash 490.00

    Miscellaneous expenses 25.00


    Cash 25.00

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