Carol Company started its business on April $1,2020.$ The following are the transactions that happened during April.

The owners invested $$8,500$ from their personal account to the business account.

Paid rent $$600$ with check #$101.$

Initiated a petty cash fund of $$250$ check #$102.$

Received $$350$ cash for services rendered.

Purchased office supplies for $$140$ with check #$103.$

Purchased computer equipment for $$1,500,$ paid $$500$ with check #$104$ and will pay the remainder in $30$ days.

Received $$850$ cash for services rendered.

Paid wages $$475,$ check #$105.$

Petty cash reimbursement Office Supplies $$60,$ Maintenance Expense $$80,$ and Miscellaneous Expense $$65.$ Cash on hand $$12.$ Check #$106.$

Increased Petty Cash by $$60,$ check #$107.$

Carol Company received the following bank statement.

Bank Statement

Beginning Balance

Deposits

Checks

A

$ $8,500$

$101$

$ $600$

D

$350$

$102$

$250$

$104$

$500$

$106$

$238$

Bank Service charge

$85$

Total

$8,850$

$1,673$

Ending Balance

$$7,177$

Required

Using the information provided, calculate the ending cash balance for the month and prepare the bank reconciliation.

Bank Statement Balance

Question Blank $1$ of $18$

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Book Statement Balance

Question Blank $2$ of $18$

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Add Add

Question Blank $3$ of $18$

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Question Blank $4$ of $18$

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Question Blank $5$ of $18$

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Question Blank $6$ of $18$

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Less Less:

Question Blank $7$ of $18$

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Question Blank $8$ of $18$

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Question Blank $9$ of $18$

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Question Blank $10$ of $18$

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Question Blank $11$ of $18$

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Question Blank $12$ of $18$

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Question Blank $13$ of $18$

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Question Blank $14$ of $18$

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Question Blank $15$ of $18$

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Question Blank $16$ of $18$

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Adjusted Bank Balance

Question Blank $17$ of $18$

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Adjusted Book Balance

Question Blank $18$ of $18$

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