Bev is completing the monthly bank reconciliation for her checking account for the month of October....
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Bev is completing the monthly bank reconciliation for her checking account for the month of October. The following facts apply: The balance per the bank on Oct 31st = $3,000 The balance per her checkbook on Oct 31st- $6,000 Deposits in Transit = $2,000 Outstanding Checks = $500 EFT's 'into' her account = $4,000 EFT's 'out of her account = $5,500 No interest was earned on the account, and there were no bank fees during the month. Bev is completing the monthly bank reconciliation for her checking account for the month of October. The following facts apply: The balance per the bank on Oct 31st = $3,000 The balance per her checkbook on Oct 31st- $6,000 Deposits in Transit = $2,000 Outstanding Checks = $500 EFT's 'into' her account = $4,000 EFT's 'out of her account = $5,500 No interest was earned on the account, and there were no bank fees during the month.
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Bank Reconciliation Statement October 31 The balance as ... View the full answer
Related Book For
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
Posted Date:
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