Using the following information, prepare a bank reconciliation. Bank balance: $4,587 Book balance: $5,577

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Using the following information, prepare a bank reconciliation.
• Bank balance: $4,587
• Book balance: $5,577
• Deposits in transit: $1,546
• Outstanding checks: $956
• Interest income: $56
• NSF check: $456

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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 02:23 AM

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Using the following information, prepare a bank reconciliation. Bank balance: $4,587 Book balance: $5,577

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Solution Computation of Bank Reconciliation Cash Balance as per bank statement 4...View the full answer

Principles Of Accounting Volume 1 Financial Accounting

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