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28 013047 s Nolan Company's cash account shows a $26,444 debit balance and its bank statement shows $25,250 on deposit at the close of
28 013047 s Nolan Company's cash account shows a $26,444 debit balance and its bank statement shows $25,250 on deposit at the close of business on June 30 a. Outstanding checks as of June 30 total $2.792 b. The June 30 bank statement lists $37 in bank service charges, the company has not yet recorded the cost of these services c. In reviewing the bank statement, a $80 check written by the company was mistakenly recorded in the company's books as $89 d. June 30 cash receipts of $3,997 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement e. The bank statement included a $39 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. Bank statement balance Add Deduct NOLAN COMPANY Bank Reconciliation June 30 Book balance: Add 0 0 Deduct 0 0 0 0 Adjusted bank balance $ DAdjusted book balance $ 0 4.
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