Problem 4-22 Bank reconciliation and adjustments to the cash account

Downside Four-22 Financial institution reconciliation and changes to the money account

CHECK FIGURE

True Money Steadiness, March 31, 2018: $16,398

The next info is on the market for Pyle Storage for March 2018:

The next is an inventory of checks and deposits recorded on the books of Pyle Storage for March 2018:

Web page 158

Different Info

Examine no. 1462 was excellent from February.

A credit score memo for assortment of accounts receivable was included within the financial institution assertion.

All checks have been paid at the right amount.

The financial institution assertion included a debit memo for service costs.

The February 28 financial institution reconciliation confirmed a deposit in transit of $1,000.

Examine no. 1468 was for the acquisition of kit.

The unadjusted Money account steadiness at March 31 was $16,868.

Required

Put together the financial institution reconciliation for Pyle Storage on the finish of March.

Clarify how the changes described above have an effect on the money account.

PROBLEM Four-22

a.

Pyle Storage

Financial institution Reconciliation

March 31, 2018

Unadjusted Financial institution Steadiness, March 31, 2018

$

Add:

Much less:

$

True Money Steadiness, March 31, 2018

$

Unadjusted Guide Steadiness, March 31, 2018

$

Add:

Much less:

$

True Money Steadiness, March 31, 2018

$

b.

Merchandise No.

Have an effect on on the money account:

1.

2.

three.

Four.

5.

6.