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Bank Reconciliation The following data were gathered to use in reconciling the bank account of Crystal Company: Balance per bank $28,240 Balance per company records
Bank Reconciliation
The following data were gathered to use in reconciling the bank account of Crystal Company:
Balance per bank $28,240 Balance per company records 10,280 Bank service charges 60 Deposit in transit 6,500 Note collected by bank with $530 interest 11,170 Outstanding checks 13,350
Journalize any necessary entries for Crystal Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank.
Bank Reconciliation
The following data were gathered to use in reconciling the bank account of Crystal Company:
| Balance per bank | $28,240 |
| Balance per company records | 10,280 |
| Bank service charges | 60 |
| Deposit in transit | 6,500 |
| Note collected by bank with $530 interest | 11,170 |
| Outstanding checks | 13,350 |
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Fundamental Accounting Principles Volume II
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
16th Canadian edition
978-1260305838
