Accounting: AP-2 The following data represents information necessary to prepare

Kaplan Accounting

AP-2
The following data represents information necessary to prepare the June 30th bank reconciliation for Trimore Company Inc.
a. The June 30th bank balance was $5,300.
b. The bank statement indicated a deduction of $30 for bank service charges.
c. A customer deposited $1,200 directly into the bank account to settle an outstanding accounts receivable bill.
d. Check number 850 for $600 and check number 857 for $420 have been recorded in the company ledger but did not appear on the bank statement.
e. A customer paid an amount of $4,534 to Trimore on the 30th of June but the deposit did not appear on the bank statement.
f. The accounting clerk made an error and recorded a $200 check as $2,000. The check was written to pay outstanding accounts payable account.
g. A check number 9574 for $100 was deducted from Trimore's account by the bank. This check was not written by Trimore and needs to be reversed by the bank.
h. The bank included an NSF check in the amount of $820 relating to a customer's payment.
i. The general ledger cash account showed a balance of $6,764 on June 30th

Required:
1. Complete the bank reconciliation for Trimore Manufacturers. Use negative signs (-) to indicate negative values. The first two rows of entries have been provided to you as examples.
2. Write the necessary journal entries to correct Trimore's records.
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