Question
Beckett co received its bank statement fo the month June 30, 2019 and reconciled the statement balance to the June 30, 2019 balance in the
Beckett co received its bank statement fo the month June 30, 2019 and reconciled the statement balance to the June 30, 2019 balance in the cash account. The reconciled balances was determined to be $6305 the reconcilatin recognized the following items. Deposit in transit were $3444 Outstanding checks totaled $2534 Bank service charges show from a customer for $656 was included with the bank statement. Beckett Co had not been previously notified at the check had been returned NSF Included in the canceled checks was a check written for $740. Howerver, kit had been recorded as a disbursement of $930.
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