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AMA Company's bank statement for 31 December 2021 showed a cash balance of $2750. The company's Cash account in its general ledger showed a
AMA Company's bank statement for 31 December 2021 showed a cash balance of $2750. The company's Cash account in its general ledger showed a $2000 detail balance. The following information was also available as of December 315 A $900 NSF check from a customer, J. Stool is shown on the bank statement but not yet recorded by the company The December 31 cash receipts, $3,250, were placed in the bank's night depository after banking hours and the amount did not appear on the December 31 bank statement A 559 debit memorandum for checks Book deducted by the bank d Outstanding checks amounted to $2,339. A customer's note for $2,790 was collected by the bank A collection fee of $20 was deducted by the bank and the difference was deposited in the account The bank erroneously deducts a check for $150 by mistake. Required: Prepare a bank reconciliation as of December 31st
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