Question
Brett White Company operates four bowling alleys. He just received the November 30 bank statement from City National Bank, and the statement shows an ending
Brett White Company operates four bowling alleys. He just received the November 30 bank statement from City National Bank, and the statement shows an ending balance of $910. Listed on the statement are an EFT rent collection of $425, a service charge of $5, NSF checks totaling $80, and a $25 charge for printed checks. In reviewing his cash records, White identified outstanding checks totaling $445 and a deposit in transit of $1,790. During November, he recorded a $280 check by debiting Salary Expense and crediting Cash for $28. HIs Cash account shows a November 30 balance of $2,192.
Requirement: Prepare the bank reconciliation at November 30
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