Prepare the journal entry to reconcile the bank statement in EA7. Data from in EA7 Using the

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Prepare the journal entry to reconcile the bank statement in EA7.

Data from in EA7

Using the following information, prepare a bank reconciliation.
• Bank balance: $3,678
• Book balance: $2,547
• Deposits in transit: $321
• Outstanding checks: $108 and $334
• Bank charges: $25
• Notes receivable: $1,000; interest: $35

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Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

1st Edition

Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax

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Question Posted: Aug 15, 2022 02:24 AM

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Prepare the journal entry to reconcile the bank statement in EA7. Data from in EA7 Using the

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Principles Of Accounting Volume 1 Financial Accounting

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