I would like help on this question. 144506.88751299.37758259.60745117.25752537.0175990150746298.66753380.95760486.39Total amount of checks issued in June$8,395.66BANK RECONCILIATION FOR PRECEDING MONTH:Beeler Furniture CompanyBank ReconciliationMay 31 20Y2$ 9,447.20Cash balance according to bank statement..Add deposit for May 31, not recorded by bank.Deduct outstanding checks:No. 731690.25$162.15736345.95738251.4073960.55820.05Adjusted balance....Cash balance according to company's records.Deduct bank service charges.Adjusted balance...$ 9,317.40$ 9,352.5035.10$ 9,317.40Instructions1. Prepare a bank reconciliation as of June 30, 20Y2. If errorsin recording deposits or checks are discovered, assume thatthe errors were made by the company. Assume that alldeposits are from cash sales. All checks are written to satisfyaccounts payable.2. Journalize the necessary entries. The accounts have notbeen closed.3. What is the amount of Cash that should appear on thebalance sheet as of June 30?4.Assume that a canceledcheck for $390 has been incorrectly recorded by the bank as$930. Briefly explain how the error would be included in abank reconciliation and how it should be corrected.JUNE BΑNK STAΤΕMΕΝT: Beeler Furniture Company deposits all cash receipts each WednesdaFinancialAccountingFinancial AccountingChapter 8, Problem 5PA15th EditionCarl Warren + 2 othersTextbook ProblemPublisher: Cengage LearningBuy 2ISBN: 9781337272124Beeler Furniture Company deposits all cash receipts eachSolutionsWednesday and Friday in a night depository after banking hours.The data required to reconcile the bank statement as of June 30Chapterhave been taken from various documents and records and are8 Internal Control And Cashreproduced as follows. The sources of the data are printed incapital letters. All checks were written for payments on account.SectionCASH ACCOUNT:Balance as of June 1Chapter Questions$9,317.40$9,223.76CASH RECEIPTS FOR MONTH OF JUNEDUPLICATE DEPOSIT TICKETS:Problem 1DQDate and amount of each deposit in June:Problem 2DQDateAmountDateAmountDateAmountJune 1$1,080.50June 10$ 996.61June 22$ 897.343854.1715882.9524947.21Problem 3DQ8840.50171,606.74301,117.74Problem 4DQCHECKS WRITTEN:Problem 5DQNumber and amount of each check issued in June:Problem 6DQCheck No.AmountCheck No.AmountCheck No.Amount740$237.50747Void754$ 449.75741495.15748$450.90755272.75Problem 7DQ742501.90749640.13756113.95743761.30750276.77757407.95744506.88751299.37758259.60745117.25752537.0175990150746298.66753380.95760486.39

A bank reconciliation statement is a summary of banking and business activity that reconciles an…

Beeler Furniture Company deposits all cash receipts each Wednesday and Friday in a night depository after banking hours. The data required to reconcile the bank statement as of June 30 have been taken from various documents and records and are reproduced as follows. The sources of the data are printed in capital letters. All checks were written for payments on account.