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a. The bank statement balance is $4,690. b. The cash account balance is $5,080. c. Outstanding checks amounted to $715. d. Deposits in transit
a. The bank statement balance is $4,690. b. The cash account balance is $5,080. c. Outstanding checks amounted to $715. d. Deposits in transit are $1,020. e. The bank service charge is $40. f. A check for $72 for supplies was recorded as $27 in the ledger. Prepare a bank reconciliation for Miller Co. for August 31. Miller Co. Bank Reconciliation August 31 Cash balance according to bank statement Adjustments: Total adjustments Adjusted balance Cash balance according to company's records Adjustments: Total adjustments Adjusted balance 100 000
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