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Bramble Plastics Company deposits all receipts and makes all payments by check. The following information is available from the cash records: MARCH 31 BANK RECONCILIATION
Bramble Plastics Company deposits all receipts and makes all payments by check. The following information is available from the cash records:
MARCH 31 BANK RECONCILIATION | |||
Balance per bank | $64,660 | ||
Add: Deposits in transit | 5,124 | ||
Deduct: Outstanding checks | (9,272 | ) | |
Balance per books | $60,512 |
Month of April Results | ||||
Per Bank | Per Books | |||
Balance April 30 | $68,320 | $67,100 | ||
April deposits | 29,280 | 34,160 | ||
April checks | 27,084 | 24,400 | ||
April note collected (not included in April deposits) | 7,320 | -0- | ||
April bank service charge | 74 | -0- | ||
April NSF check of a customer returned by the bank (recorded by bank as a charge) | 2,610 | -0- |
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