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4-20A (slmilar to) uestion Help Brett Midas operates a roller skating center, Skaters USA. He has just received the monthly bank statement at April 30
4-20A (slmilar to) uestion Help Brett Midas operates a roller skating center, Skaters USA. He has just received the monthly bank statement at April 30 from Washington National Bank, and the statement shows an ending balance of $700. Listed on the statement are an EFT rent collection of $330, a service charge of $8, two NSF checks totaling $70, and a $9 charge for printed checks. In reviewing his cash records, Midas identifies outstanding checks totaling $605 and an April 30 deposit in transit of $1,800. During April, he recorded a $260 check for the salary of a part-time employee as $26. Midas's Cash account shows an April 30 balance of $1,886. Requirement 1. How much cash does Midas actually have at April 30, 2016? Prepare the Bank section, then the Book section of the bank reconciliation to determine how much cash Midas actually has at April 30. (Include the balances at April 30 in each of the addition subtotal calculations. Ifa box is not used in the table leave the box empty; do not select a label or enter a zero.) Brett Midas Bank Reconciliation April 30, 2016 Bank: Add: Subtotal Less: Choose from any list or enter any number in the input fields and then click Check
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