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Armouries Enterprises began operations on January 2, 2023, depositing $48,000 in the bank. During this first month of business, the below transactions occurred that affected
Armouries Enterprises began operations on January 2, 2023, depositing $48,000 in the bank. During this first month of business, the below transactions occurred that affected the Cash account in the general ledger. (Click the icon to view the transactions.) Shortly after the end of January, the company received its first bank statement. (Click the icon to view the January bank statement.) In preparing to do the bank reconciliation, Armouries Enterprises noticed that the $2,800 deposit on January 29 was a bank error and informed the bank. The bank will correct the error on the next bank statement. Required Prepare Armouries Enterprises' bank reconciliation for January 31, 2023. Transactions Bank Statement
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