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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. $9,172.54
Bank Reconciliation Use the following information to prepare a bank reconciliation for Young Company at June 30:
1 | Balance per Cash account, June 30. | $9,172.54 |
2 | Balance per bank statement, June 30. | 9,490.33 |
3 | Deposits not reflected on bank statement. | 942.50 |
4 | Outstanding checks, June 30. | 1,638.59 |
5 | Service charge on bank statement not recorded in books. | 14.30 |
6 | Error by bank-Yertel Company check charged on | |
Young Company's bank statement. | 715 | |
7 | Check for advertising expense | 325 |
incorrectly recorded in books as | 676 |
YOUNG COMPANY Bank Reconciliation June 30 | ||||||||
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AnswerDeposits not credited by bankEnding Balance from bank statementOutstanding checksService chargeReconciled cash balance
| $Answer
| Balance from general ledger | $Answer
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Add: | AnswerDeposits not credited by bankEnding Balance from bank statementOutstanding checksService chargeReconciled cash balance
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| Add: | Check for $Answer
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Add: | Bank error- Yertal Company check | recorded as $Answer
| Answer
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charged against Young Company's account | Answer
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Less: | AnswerDeposits not credited by bankEnding Balance from bank statementOutstanding checksService chargeReconciled cash balance
| Answer
| Less: | AnswerDeposits not credited by bankEnding Balance from bank statementOutstanding checksService chargeReconciled cash balance
| Answer
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AnswerDeposits not credited by bankEnding Balance from bank statementOutstanding checksService chargeReconciled cash balance
| $Answer
| AnswerDeposits not credited by bankEnding Balance from bank statementOutstanding checksService chargeReconciled cash balance
| $Answer
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