My first Hard Question with 5 steps need Answers

Get perfect grades by consistently using our writing services. Place your order and get a quality paper today. Take advantage of our current 20% discount by using the coupon code GET20


Order a Similar Paper Order a Different Paper

Q. (a)  Bluegrass Tonight 
is a nightclub
in Nashville.
The information necessary for preparing bank
reconciliation for the company at November 30 appears below:

1.  As of November 30, cash per the
bank statement is $41,631 per the accounting records, $48,609.

2.  Cash receipts
of $9,366 on November
30 were not deposited
until December 1.

3.  Among the
paid checks returned
by the bank
was a stolen check for $1,512 paid in error after Bluegrass Tonight had officially notified
the bank not to make payment. Thus, payment of this check was
a bank error  and should not have been charged
against Bluegrass Tonight’s bank account.

4.  The following memoranda accompanied the bank statement:

a.  A debit memo for service charges $21

b.  A debit
memo  attached to an $1,167 check
which Bluegrass had accepted from
a customer and deposited in its account,
but which the bank had returned with the marking “NSF”

c.  A credit
memo for interest earned on
the account during November, $135.

5.   The following checks had been issued
by the nightclub but had not
been paid by the bank as
of November 30: No.921 for $2,346; No. 924
for $1,446; and No. 925 for $1,161.

Instructions: Prepare the November 30 bank reconciliation. Pass necessary
journal entries

Do you need help with this or a different assignment? We offer CONFIDENTIAL, ORIGINAL (Turnitin/LopesWrite/SafeAssign checks), and PRIVATE services using latest (within 5 years) peer-reviewed articles. Kindly click on ORDER NOW to receive an excellent paper from our writers.

Get a 15% discount on your order using the following coupon code SAVE15


Order a Similar Paper Order a Different Paper