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Bank Reconciliation Use the following information to prepare a bank reconciliation for Young Company at June 30: 1 Balance per Cash account, June 30. $7,039.80

Bank Reconciliation Use the following information to prepare a bank reconciliation for Young Company at June 30:

1 Balance per Cash account, June 30. $7,039.80
2 Balance per bank statement, June 30. $7,300.25
3 Deposits not reflected on bank statement. $950
4 Outstanding checks, June 30. $1,260.45
5 Service charge on bank statement not recorded in books. $35
6 Error by bankYertel Company check charged on
Young Companys bank statement. $375
7 Check for advertising expense $260
incorrectly recorded in books as $620

image text in transcribed

options for dropdown menus: Deposit not credited by bank End balance from bank statement Outstanding checks Service Charge -Reconciled Cash Balance Add: Add: Bank error- Yertal Company check charged against Young Company account Less YOUNG COMPANY Bank Reconciliation une 30 0 Balance from general ledger o Add Check for recorded as Less

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