all answers must be answered in formula.
Preparing a bank reconciliation. 1. Prepare a bank reconciliation using a company's bank statement and cash account. KU 5 x FILE HOME INSERT X Calibri - 11 Preparing a bank reconciliation - Excel ? PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign in AA % M A Alignment Number Conditional Format as Cell Cells Editing Formatting Table Styles Styles fx The June bank statement and the cash T-account for Superior Printing Company is Paste BIU EN Clipboard Font Al > A B D E F - 1 The June bank statement and the cash T-account for Superior Printing Company is shown below. 2 3 4 5 Checks Date June 1 BANK STATEMENT Deposits Other a AW 10,000 440 1.200 500 1,200 250 80 9,800 350 4.600 700 920 10 11 12 13 14 NSF Balance 18.500 18,060 16,860 16,360 15,160 24,910 23.990 49,190 48,840 44.240 60,540 59,570 10 13 20 22 26 27 29 30 840 35,000 15 17,000 16 50 Serv. Charge Interest Earned 17 30 600 30 59,000 18 19 20 21 22 June 1 Bal. June 13 deposit June 22 deposit Tuna 70 donne Cash 18,500 10,000 35,000 17 440 1,200 Check #100 Check #101 Charl#102 B5 - Preparing a bank reconciliation - Excel ? 5 X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign in X Calibri - 11 AA % M Paste BIU- FE > Alignment Number Cells Editing Conditional Format as Cell Formatting Table Styles Styles Clipboard Font A1 v x X The Junc bank statement and the cash T-account for Superior Printing Company is B D E 19 Cash 20 June 1 Bal. 18,500 21 June 13 deposit 10,000 440 Check #100 22 June 22 deposit 35,000 1.200 Check #101 23 June 29 deposit 17,000 500 Check #102 24 June 30 deposit 28,000 1,200 Check #103 25 250 Check #104 26 80 Check #105 27 9.800 Check #106 28 350 Check #107 29 4,600 Check #108 30 770 Check #109 31 4,900 Check #110 32 700 Check #111 33 920 Check #112 34 600 Check #113 35 June 30 Bal 82.190 36 37 Required: 38 Prepare a bank reconciliation for June using the bank statement and T-account above and the information below. 39 Additional information: 40 There were no deposits in transit or outstanding checks at May 31 41 Note: Columns Cand F must be entered as positive values. In columns B & E, use cell references ? 3 X Preparing a bank reconciliation - Excel REVIEW FILE VIEW FORMULAS Sign in HOME INSERT DATA PAGE LAYOUT X ! H. Calibri - 11 Paste BIU- . AA % M Alignment Number Conditional Format as Cell Cells Editing Formatting Table Styles Styles fo The June bank statement and the cash T-account for Superior Printing Company is Clipboard Font A1 v 44 A B D E F 36 37 Required: | 38 Prepare a bank reconciliation for June using the bank statement and T-account above and the information below. 39 Additional information: 40 There were no deposits in transit or outstanding checks at May 31. 41 Note: Columns C and F must be entered as positive values. In columns B & E, use cell references 42 to the appropriate items from the list below. List "Deductions" in chronological order (earliest item first). 43 Bank Error NSF Check Deposits in Transit Outstanding Checks 45 EFT from Customer Recording Error 46 Interest Earned Service Charge 47 48 SUPERIOR PRINTING COMPANY Bank Reconciliation 50 At June 30 51 Updates to Bank Statement Updates to Company's Books 52 Bank statement balance Book balance 53 Additions: Additions: 54 55 Deductions: Deductions: 56 57 58 Adjusted bank balance Adjusted book balance 59 Sheet 1 49 4 100% READY Attempt(s) Hint
