Bolton Companys October 31, 2017, bank statement showed a cash balance of $15,400, while the companys general
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Bolton Company’s October 31, 2017, bank statement showed a cash balance of $15,400, while the company’s general ledger Cash account for the same date showed a balance of $13,150. A bank deposit of October 31 for $1,200 does not appear on the bank statement. Cheques #150 for $980 and #169 for $2,515, both written in October, had not cleared the bank during October. Bank service charges for the month were $45. Prepare a bank reconciliation at October 31, 2017, and prepare the necessary entries.
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Related Book For
Fundamental Accounting Principles Volume 1
ISBN: 9781259259807
15th Canadian Edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
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