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3.6 Perform a Bank Reconciliation Points: 12 items @ 2 pts. Each = 24 points. Directions: Complete the bank reconciliation bellow based on the following
| 3.6 Perform a Bank Reconciliation | Points: 12 items @ 2 pts. Each = 24 points. | ||||||||
| Directions: Complete the bank reconciliation bellow based on the following information | |||||||||
| NSF Checks returned were $5,200, outstanding checks were $25,820.52, Service charges were $31.13 | |||||||||
| Customer note collection was $53,101.11, deposit in transit was $9,245.89 and interest earnings were $3,953.00 | |||||||||
| Ending balance per bank statement | $ 144,223.99 | ||||||||
| Add: | |||||||||
| Deduct | |||||||||
| True Cash Balance | $ 144,223.99 | ||||||||
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
5th edition
978-1259728877, 1259728870, 978-1259565403
