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A comparison of the balance in DEF Company's cash account per its books as of April 30, 2020 and the bank statement dated April
A comparison of the balance in DEF Company's cash account per its books as of April 30, 2020 and the bank statement dated April 30, 2020 revealed the following information: (20 points) Code Item A. Ending Cash balance per books (unadjusted) $5,520 B. Ending balance per bank statement (as of April 30, 2020) 5,110 C. Customer's NSF check returned by bank Shown on the April bank statement 300 D. Outstanding checks at the end of April 870 E. Deposit in transit at the end of April 1,100 Error made by DEF Co. in recording a check paid to a supplier during April: $550 was credited to Cash when the proper amount was $500; the bank properly recorded the check as $500 when it cleared the bank 50 G. Bank service charge for April 80 H. Interest paid by bank 150 Required: A. Prepare a complete bank reconciliation. B. Prepare the adjusting journal entries needed a result of preparing the bank reconciliation. 0 F.
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