111 107 Cash 100 108 109 110 P3 Inner Resources Company received the following bank statement. Using the information from Problem P2, prepare the bank reconciliation. 112 113 114 115 Bank Statement 116 Beginning Balance 117 $0 118 Deposits Checks 119 A $8,500 101 $ 650 120 D. 1,200 102 550 121 103 180 122 106 123 457 124 Bank service charges 100 Total 125 9,700 1,937 126 Ending Balance $7,763 127 128 129 Bank Statement Balance at (date) Book Balance at (date) $ 130 ADD: ADD: 131 132 133 LESS: LESS: 134 135 136 Adjusted bank balance Adjusted book balance 137 138 Now prepare the journal entry to reconcile the bank statement. 139 Account Debit Credit 140 Exercises Problems + 111 107 Cash 100 108 109 110 P3 Inner Resources Company received the following bank statement. Using the information from Problem P2, prepare the bank reconciliation. 112 113 114 115 Bank Statement 116 Beginning Balance 117 $0 118 Deposits Checks 119 A $8,500 101 $ 650 120 D. 1,200 102 550 121 103 180 122 106 123 457 124 Bank service charges 100 Total 125 9,700 1,937 126 Ending Balance $7,763 127 128 129 Bank Statement Balance at (date) Book Balance at (date) $ 130 ADD: ADD: 131 132 133 LESS: LESS: 134 135 136 Adjusted bank balance Adjusted book balance 137 138 Now prepare the journal entry to reconcile the bank statement. 139 Account Debit Credit 140 Exercises Problems +