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5 8.75 points Nolan Company's cash account shows a $26.535 debit balance and its bank statement shows $25.449 on deposit at the close of business
5 8.75 points Nolan Company's cash account shows a $26.535 debit balance and its bank statement shows $25.449 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2.206. b. The June 30 bank statement lists $34 in bank service charges, the company has not yet recorded the cost of these services. c In reviewing the bank statement a $20 check written by the company was mistakenly recorded in the company's books as $29. d. June 30 cash receipts of $3,300 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 $33 credit for interest eared on the company's cash in the bank. The company has not yet recorded Interest earned. Prepare a bank reconciliation using the above information. 02:32:17 eBook a Hint NOLAN COMPANY Bank Reconciliation June 30 References Bank statement balance Book balance Add: Add: Deduct: Deduct: Adjusted bank balance Adjusted book balance
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