ac 101 chapter 8 qProblem 8 – 2
The following information pertains to Ferguson Corp. at December 31, 2017, its year-end:
| Cash per company records
Cash per bank statement Bank service charges not yet recorded in company records Note collected by bank not yet recorded in company records, including $25 of interest December deposit recorded by the bank January 3, 2018 December checks not yet paid by bank in December |
$5,005 | |||
|---|---|---|---|---|
| 7,000 | ||||
| 30 | ||||
|
1,325 |
||||
| 900 | ||||
| #631 | $354 | |||
| #642 | 746 | |||
| #660 | 200 | |||
| #661 | 300 | |||
| $1,600 |
Required: Prepare a bank reconciliation and all necessary adjusting journal entries at December 31, 2017.