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Ch5_103_013. From the following particulars of Purple New Co., prepare the bank reconciliation statement as on May 31, 2016. (a) The bank statement balance is
Ch5_103_013. From the following particulars of Purple New Co., prepare the bank reconciliation statement as on May 31, 2016. (a) The bank statement balance is $4,000. (b) (c) (d) (e) (f) (g The cash account balance is $3,950. Outstanding checks amounted to $960. Deposits in transit are $900. The bank service charge is $75. Interest added to the checking account by the bank is $150. A check drawn for $65 was incorrectly charged by the bank as $150
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