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02 points eflook Hint Print References QS 6-11 (Algo) Bank reconciliation LO P3 Nolan Company's cash account shows a $21.268 debit balance and its
02 points eflook Hint Print References QS 6-11 (Algo) Bank reconciliation LO P3 Nolan Company's cash account shows a $21.268 debit balance and its bank statement shows $19,711 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2.231. b. The June 30 bank statement lists $27 in bank service charges; the company has not yet recorded the cost of these services. In reviewing the bank statement, a $50 check written by the company was mistakenly recorded in the company's books as $59. d. June 30 cash receipts of $3,801 were placed in the bank's night depository after banking hours and were not recorded on the Jun c. e. 30 bank statement The bank statement included a $31 credit for interest earned on the company's cash in the bank. The company has not yet recorded interest earned. Prepare a bank reconciliation using the above information.
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