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As a financial analyst for Amazon.com, Inc., you are tasked with preparing a bank reconciliation statement for the month of May 2024. The following information
As a financial analyst for Amazon.com, Inc., you are tasked with preparing a bank reconciliation statement for the month of May 2024. The following information is available:
- The cash book balance as of May 31, 2024: $50,000
- Bank statement balance as of May 31, 2024: $52,500
- Outstanding checks: $4,000
- Deposits in transit: $1,500
- Bank service charges: $200
- An error in the cash book: A check for $500 was recorded as $50
Prepare the bank reconciliation statement for Amazon.com, Inc. as of May 31, 2024.
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