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Bank Reconciliation Ahcoba Company received a bank statement at the end of the month. The statement contained the following 275 Ending balance $61,000 Bank service

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Bank Reconciliation Ahcoba Company received a bank statement at the end of the month. The statement contained the following 275 Ending balance $61,000 Bank service charge for the month Interest earned and added by the bank to the account balance 195 In comparing the bank statement to its own cash records, the company found the following: Deposits made but not yet recorded by the bank $14,300 Checks written and mailed but not yet recorded by the bank 26,700 Before making any adjustments suggested by the bank statement, the cash balance according the books is $48,680. What is the correct cash balance as of the end of the month? Verify this amour by reconciling the bank statement with the cash balance on the books. Journal Entries from a Bank Reconciliation Refer to PE 5-3. Make all journal entries necessary on the company's books to adjust the reported ca balance in response to the receipt of the bank statement. The fund was replenished oh increase the amount of the fund to 120. Preparing a Bank Reconciliation from this the af Baling Prepare journal entries to record transactions during the Prepare a bank reconciliation for Bend Company at January 31, 2017, using the information shown. 1. Cash per the accounting records at January 31 amounted to $228,909; the bank statement on this 2 The canceled checks returned by the bank included a check written by DeVoe Company for $6,987 that had been deducted from Bend's account in error. 3. Deposits in transit as of January 31, 2017, amounted to $33,442. 4. The following amounts were adjustments to Bend Company's account on the bank statement: same date showed a balance of $204,008. a. Service charges of $64. b. An NSF check of $4,100. C. Interest earned on the account, $110. 5. Checks written by Bend Company that have not yet cleared the bank include four checks totaling $19,582

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