[ابو اللول]

السلام عليكم
عندي سؤال ماني عارف كيف احلو
الي فاهم طريقة حلو ياليت يحلو او يفهمنا كيف ينحل

On May 31, 2011, Izoid Company had a cash balance per books of SR9,500 and the bank
statement from Alarabi Bank showed a balance of SR9,222. A comparison of the statement
with the cash account revealed the following facts.
1. May bank service charge not recorded by Izoid Company SR41.
2. Check of SR976 on May 21 were deposited in the bank. The journal entry was
incorrectly made for SR1,120. The bank credited Izoid Company for the correct
amount.
3. Outstanding checks at May 31 totaled SR1,500 and deposits in transit were SR2,250.
4. NSF checks of SR883 for a check issued by Shamee Restaurant to Izoid Company.
5. A SR1,500 note receivable was collected by the bank for Izoid Company on May 31
plus SR65 interest and the bank charged a collection fee of SR25. The collection has
not been recorded by Izoid.
Prepare the bank reconciliation at May 31, 2011 and journalize the adjusting entries at
May 31, 2011 on the books of Izoid Compan

y.