Zodiac Company

Bank Reconciliation
For the Month Ended April 30

Book Unadjusted Balance 1,100,000 Bank Unadjusted Balance 1,000,000

Note collected 60,000 Deposits in transit 270,000
NSF Check (25,000) Outstanding checks 1,331 40,000
Bank Service Charge (5,000) 1,332 30,000
1,334 60,000
1,335 10,000 (140,000)
Cash Adjusted Balance 1,130,000 Cash Adjusted Balance 1,130,000

ADJUSTING ENTRIES:
1 Cash 60,000
Note Receivable 60,000
2 Accounts Receivable 25,000
Cash 25,000
3 Bank Service Charge 5,000
Cash 5,000
Xanthous Company
Bank Reconciliation
For the Month Ended February 28

Book Unadjusted Balance 2,840,000 Bank Unadjusted Balance 3,265,000

Note collected by the bank 270,000 Deposits in transit 450,000
Bank Service Charge (5,000) Outstanding checks 116 60,000
122 180,000
124 120,000
125 250,000 (610,000)
Cash Adjusted Balance 3,105,000 Cash Adjusted Balance 3,105,000

ADJUSTING ENTRIES:
1 Cash 270,000
Bank Service Charge 10,000
Note Receivable 250,000
Interest Income 30,000
2 Bank Service Charge 5,000
Cash 5,000
Sensible Company
Bank Reconciliation
For the Month Ended December 31

Book Unadjusted Balance 110,000 Bank Unadjusted Balance 135,000

Note collected by the bank 45,000 Deposits in Transit 60,000
Service Charge (5,000) Outstanding Checks 770 20,000
NSF (10,000) 775 30,000
Understatement of AP Payment (27,000) 777 40,000 (90,000)
Erroneous charge of check 1042 8,000
Cash Adjusted Balance 113,000 Cash Adjusted Balance 113,000

ADJUSTING ENTRIES:
1 Cash 45,000
Collection fee/Bank Service Charge 5,000
Note Receivable 50,000
2 Bank Service Charge 5,000
Cash 5,000
3 Accounts Receivable 10,000
Cash 10,000
4 Accounts Payable 27,000
Cash 27,000
Apathy Company
Bank Reconciliation
For the Month Ended December 31

Book Unadjusted Balance 65,000 Bank Unadjusted Balance 108,000

Credit Memos 30,000 Deposits in Transit 80,000
Debit Memos (2,000) Outstanding Checks 102 15,000
105 30,000
107 50,000 (95,000)
Book Adjusted Balance 93,000 Bank Adjusted Balance 93,000
ABC Company
Bank Reconciliation
For the Month Ended January 31, 2022

Book Unadjusted Balance xx Bank Unadjusted Balance xx

Credit Memos xx Deposits in Transit xx
Debit Memos (xx) Outstanding Checks (xx)
Error xx Error xx
Error (xx) Error (xx)
Book Adjusted Balance xx Bank Adjusted Balance xx