Chapter 8 Continuing Problem P8-33 5 Points Total Name:Shonda Jackson Requirement 1 DANIELS CONSULTING Bank Reconciliation March 31, 2017 BANKBOOK Balance, March 31, 2017$49,123 Balance March 31, 2017$51,670 ADD:ADD: Deposit in transit3,680 EFT collections from H/H$550$575 $52,803 Interest revenue25$52,245 LESS: LESS:EFT payment to P/P$34 Outstanding checksEFT payment to Cable co$85132 No 210$190Service charge13 No 211500690 Adjusted book balance$52,113 Adjusted bank balance### March 31, 2017$52,113
Requirement 2 DateAccounts and ExplanationDebitCredit ### Cash550 Accounts Recievable550 Record of EFT collections fro Hip Hop ###Cash25 Interest revenue 25 Record of interest revenue ###Office Supplies34 Cash 34 Record of EFT payment to Paper Products ###Utilities Expense85 Cash85 Record of EFT payment to Cable Co ###Bank Expense13 Cash13 Record of bank service charges incurred Cash 03/31bal51,6703431-Mar 31-Mar5508531-Mar 31-Mar251331-Mar 52,113
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