Reconcile Henry's month-end bank account balance and, based on your analysis, indicate what corrections you would make

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Reconcile Henry's month-end bank account balance and, based on your analysis, indicate what corrections you would make to Henry's records:

1. Month-end bank balance according to the bank's statement, $8791 

2. Month-end bank balance according to Henry's records, $7371 

3. Outstanding cheques (not processed by the bank yet), $ 1877 

4. Outstanding deposit (not processed by the bank yet), $250 

5. Bank charges Henry did not know about, $43 

6. Someone else's cheque put through Henry's account by the bank, $185 

7. Interest on the bank balance credited to Henry by the bank but not known to Henry, $21.

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Financial Accounting An Integrated Approach

ISBN: 9780170349680

6th Edition

Authors: Ken Trotman, Michael Gibbins, Elizabeth Carson

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