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Bank Reconciliation What were the May deposits in transit and the outstanding checks given this data: April 30th BANK RECONCILIATION Balance per bank Add: Deposits
Bank Reconciliation
What were the May deposits in transit and the outstanding checks given this data: April 30th BANK RECONCILIATION Balance per bank Add: Deposits in transit Deduct: Outstanding checks Balance per books $26,746 2,100 3,800 $25,046 Per Books Per Bank Month of May Results Balance May 31 May deposits May checks May note collected(not included $27,995 $24,355 10,000 12,889 11,100 16,080 3,000 0- in April deposits) Deduct: Outstanding checks Balance per books Month of May Results Balance May 31 May deposits May checks May note collected(not included 3,800 $25,046 Per Bank Books $27,995 $24,355 10,000 12,889 11,100 16,080 3,000 Per in April deposits) May bank service charge May NSF check of a customer 35 900 returned by the bank Step by Step Solution
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