E8-10 Prepare the adjusting journal entries that Frederick Clinic must record as a result of preparing the bank reconciliation in Exercise 8-9.
data from E8-9
a. Outstanding checks as of June 30 total $2,500.
b. The June 30 bank statement included a $125 debit memorandum for bank services.
c. Check No. 919, listed with the canceled checks, was correctly drawn for $645 in payment of a utility
bill on June 15. Frederick Clinic mistakenly recorded it with a debit to Utilities Expense and a credit
to Cash in the amount of $654.
d. The June 30 cash receipts of $3,250 were placed in the bank’s night depository after banking hours
and were not recorded on the June 30 bank statement
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