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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. $10,583.70
Bank Reconciliation Use the following information to prepare a bank reconciliation for Young Company at June 30: 1 Balance per Cash account, June 30. $10,583.70 2 Balance per bank statement, June 30. 10,950.38 3 Deposits not reflected on bank statement 1,087.50 4 Outstanding checks, June 30. 1,890.68 5 Service charge on bank statement not recorded in books. 16.50 6 Error by bank-Yertel Company check charged on Young Company's bank statement. 7 Check for advertising expense incorrectly recorded in books as 780 825 375 $ Note: Do not round answers - enter using two decimal places, when needed. YOUNG COMPANY Bank Reconciliation June 30 Ending Balance from bank statement Balance from general ledger Add: Deposits not credited by bank Add: Check Add: Bank error- Yertal Company check charged against Young Company's account Less: Outstanding checks Less: Reconciled cash balance $ record . $
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