Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A table for a monthly bank reconciliation dated September 30 is given below. For each item 1 through 12, indicate whether the item should be
A table for a monthly bank reconciliation dated September 30 is given below. For each item 1 through 12, indicate whether the item should be added to or subtracted from the book or bank balance, and whether it should or should not appear on the reconciliation. (Select the answers in the appropriate cells. Leave no cells blank. Be certain to select "NA" in fields which are not applicable.) Blank lance Debitor Book Balance Credit Cash Account Show Not Shown on Reconciliation 1. SF check from a comer is shown on the bank woment but not yet recorded by the company 2 trust come on the September Cath bence in the bank is not yet recorded by the company 3.Depost made on September and processed by the bank on September 4. Check witten by another depositor but mistakenly charged against this company's account 5.Bank service charge for September is not yet recorded by the company Check outstanding on that are the bark Setember 7. Check written against the company account and chored by the barroneously not recorded by the company recordkeeper 8. A note recebe collected by the bank for the company, but it is not yet recorded by the company 9. Checks witten and mailed to payeed on October 2 Checs witan by the company and to payees on September 30 11 Night deposit made on September 30 fer the bank med 12. Banks for check it are not yet recorded by the company
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started