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Hunter ​Photography's checkbook lists the​ following: Checkbook Date Check No. Item Check Deposit Balance Nov. 1 $535 Nov. 4 622 Quick Mailing $30 505 Nov. 9 Service Revenue $120 625 Nov. 13 623 Photo Supplies 50 575 Nov. 14 624 Utilities 55 520 Nov. 18 625 Cash 75 445 Nov. 26 626 Office Supplies 85 360 Nov. 28 627 Upstate Realty Co. 255 105 Nov. 30 Service Revenue 1,230 1,335 Hunter​'s November bank statement shows the following: ​ Bank Statement Balance $535 Deposits 120 Checks: No. Amount 622 $30 623 50 624 115* 625 75 (270) Other charges: Printed checks $29 Service charge 5 (34) Balance $351 *This is the correct amount for check number 624. Requirements 1. Prepare Hunter ​Photography's bank reconciliation at November 30​, 2024. 2. How much cash does Hunter actually have on November 30​, 2024​? 3. Journalize any transactions required from the bank reconciliation.

Hunter ​Photography's checkbook lists the​ following: Checkbook Date Check No. Item Check Deposit Balance Nov. 1 $535 Nov. 4 622 Quick Mailing $30 505 Nov. 9 Service Revenue $120 625 Nov. 13 623 Photo Supplies 50 575 Nov. 14 624 Utilities 55 520 Nov. 18 625 Cash 75 445 Nov. 26 626 Office Supplies 85 360 Nov. 28 627 Upstate Realty Co. 255 105 Nov. 30 Service Revenue 1,230 1,335 Hunter​'s November bank statement shows the following: ​ Bank Statement Balance $535 Deposits 120 Checks: No. Amount 622 $30 623 50 624 115* 625 75 (270) Other charges: Printed checks $29 Service charge 5 (34) Balance $351 *This is the correct amount for check number 624. Requirements 1. Prepare Hunter ​Photography's bank reconciliation at November 30​, 2024. 2. How much cash does Hunter actually have on November 30​, 2024​? 3. Journalize any transactions required from the bank reconciliation.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question

Hunter ​Photography's checkbook lists the​ following: 

Checkbook
Date
Check No.
Item
Check
Deposit
Balance
Nov. 1
 
  
 
 
$535
Nov. 4
622
Quick Mailing
$30
 
505
Nov. 9
 
Service Revenue
 
$120
625
Nov. 13
623
Photo Supplies
50
 
575
Nov. 14
624
Utilities
55
 
520
Nov. 18
625
Cash
75
 
445
Nov. 26
626
Office Supplies
85
 
360
Nov. 28
627
Upstate Realty Co.
255
 
105
Nov. 30
 
Service Revenue
 
1,230
1,335
 
Hunter​'s November bank statement shows the following:
​
Bank Statement
Balance
 
 
 
$535
Deposits
 
 
 
120
Checks:
No.
Amount
 
 
 
622
$30
 
 
 
623
50
 
 
 
624
115*
  
 
 
625
75
 
(270)
Other charges:
 
 
 
 
Printed checks
 
 
$29
 
Service charge
 
 
5
(34)
Balance
 
 
 
$351
*This is the correct amount for check number 624.

 

Requirements
1.
Prepare
Hunter
​Photography's bank reconciliation at
November
30​,
2024.
2.
How much cash does
Hunter
actually have on
November
30​,
2024​?
3.
Journalize any transactions required from the bank reconciliation.

 

Hunter Photography's checkbook lists the following: (Click the icon to view the checkbook.) Read the requirements. Bank: ADD: LESS: C Requirement 1. Prepare Hunter Photography's bank reconciliation at November 30, 2024. Prepare the bank portion of the reconciliation, followed by the book portion of the reconciliation. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.) Hunter Photography Bank Reconciliation November 30, 2024 Hunter's November bank statement shows the following: (Click the icon to view the November bank statement.)
Transcribed Image Text:Hunter Photography's checkbook lists the following: (Click the icon to view the checkbook.) Read the requirements. Bank: ADD: LESS: C Requirement 1. Prepare Hunter Photography's bank reconciliation at November 30, 2024. Prepare the bank portion of the reconciliation, followed by the book portion of the reconciliation. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.) Hunter Photography Bank Reconciliation November 30, 2024 Hunter's November bank statement shows the following: (Click the icon to view the November bank statement.)
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