BU $101$

Bank reconciliation example

The following information is available for Janis Company regarding its June $30,2024,$ bank statement:

Balance per bank statement is $$15,300.$

Balance per books is $$12,500$

Checks written in the amount of $$2,300$ were not cleared with the June $30$ bank statement.

A bank debit memo indicated a NSF check written by Tomar Company to Janis Company on June $13$ for $$500.$ The bank charged a $$20$ penalty.

A bank credit memo indicated a bank collection of $$2,050$ on June $20.$

A deposit in transit of $$1,000$ had not been received by the bank when the bank statement was generated.

A check written for rent in the amount of $$530$ was recorded on the books as $$500$

Prepare a bank reconciliation for Janis Company dated June $30,2024.$