Question
Assume the Bank balance at November 30,2020 of Dexter Trucking Ltd was $14,550 and the company's Book balance on same date was $12,020. There
Assume the Bank balance at November 30,2020 of Dexter Trucking Ltd was $14,550 and the company's Book balance on same date was $12,020. There was an outstanding cheque # 51 in the amount of $580. State what you need to do to reconcile the Bank Statement? Ensure your answer is only one line and state whether you are going to add or subtract, and on which side the adjustment will be made. It was discovered there was a deposit in transit at November 30,2020 of $780 for Dexter Trucking Ltd, State what you need to do to reconcile the Bank Statement. Ensure your answer is only one line and state whether you are going to add or subtract and on which side you will do the adjustment.
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