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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

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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 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 s 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. 825 7 Check for advertising expense 375 incorrectly recorded in books as 780 Note: Do not round answers - enter using two decimal places, when needed. YOUNG COMPANY Bank Reconciliation June 30 Ending Balance from bank statement VS 10.950.38 Balance from general ledger Add: Deposits not credited by bank 1.087.5 Add: Check Add: Bankerror- Yertal Company check record charged against Young Company's account 825 Less: Outstanding checks 1.890.68 Less Service charge Reconciled cash balance 10.972.2 Reconciled cash balance S 10,583.7 375 780 x e 16.5 s X Check

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