Bank Reconciliation

The following data were accumulated for use in reconciling the bank account of Kaycee Sisters Inc. for August 20Y9:

Cash balance according to the companys records at August 31, $14,190.

Cash balance according to the bank statement at August 31, $18,330.

Checks outstanding, $5,710.

Deposit in transit, not recorded by bank, $2,150.

A check for $180 in payment of an account was erroneously recorded by Kaycee Sisters Inc. as $810.

Bank debit memo for service charges, $50.

Prepare a bank reconciliation, using the format shown in Exhibit 12.

Kaycee Sisters Inc.
Bank Reconciliation
August 31, 20Y9
Cash balance according to bank statement	$_______
Add deposit in transit, not recorded by bank	_________
	$_________
Deduct outstanding checks	__________
Adjusted balance	$__________
Cash balance according to Kaycee Sisters Inc.	$__________
Add error in recording check as $810 by the company instead of $180	____________
	$____________
Deduct bank service charges	____________
Adjusted balance ____________