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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
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 Ju 30 bank statement. e. The bank statement included a $33 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. NOLAN COMPANY Bank Reconciliation June 30 $ 25,449 Book balance Add: Bank statement balance Add Bank service charges $ 34 . Deposit of June 30 3,300 3,334 28,783 Deduct Deduct Outstanding checks 2,206 Interest earned 33 Adjusted bank balance 2,239 $ 26,544 Adjusted book balance Search < Prev 16 of 20 a B 0 0 0 $ 0 @ Next > D B
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