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Chapter 8 Homework Problems 1. In preparing its June 30, 2021 bank reconciliation, Able Corp. has available the following information: Balance per bank statement, 6/30/2021

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Chapter 8 Homework Problems 1. In preparing its June 30, 2021 bank reconciliation, Able Corp. has available the following information: Balance per bank statement, 6/30/2021 $19,070 Deposit in transit, 6/30/2021 2,600 Return of customer's check not sufficient funds, 6/30/2021 300 Outstanding checks, 6/30/2021 3,070 Bank service charges for June 100 At June 30, 2021, Able's book cash balance is 19,000 Prepare a bank reconciliation: 2. In preparing its October 31, 2021 bank reconciliation, Able Corp. has available the following information: Balance per bank statement, 10/31/2021 $25,000 Deposit in transit, 10/31/2021 1,800 Return of customer's check not sufficient funds, 10/31/2021 500 Outstanding checks, 10/31/2021 6,700 Bank service charges for October 150 At October 31, 2021, Able's book cash balance is 20,750 Prepare a bank reconciliation: 3. In preparing its December 31, 2021 bank reconciliation, Able Corp. has available the following information: Balance per bank statement, 12/31/2021 $28,000 Deposit in transit, 12/31/2021 6,800 Return of customer's check not sufficient funds, 12/31/2021 650 Outstanding checks, 12/31/2021 12,500 Bank service charges for December 220 At December 31, 2021, Able's book cash balance is 23,170 Prepare a bank reconciliation: 1. In preparing its August 31, 2021 bank reconciliation, Able Corp. has available the following information: Balance per bank statement, 8/31/2021 $64,950 Deposit in transit, 8/31/2021 11,700 Return of customer's check not sufficient funds, 8/30/2021 1,800 Outstanding checks, 8/31/2021 8,250 Bank service charges for August 300 At August 31, 2021, Able's book cash balance is 70,500 Prepare a bank reconciliation: 2. In preparing its May 31, 2021 bank reconciliation, Able Corp. has available the following information: Balance per bank statement, 5/31/2021 $12,050 Deposit in transit, 5/31/2021 1,500 Return of customer's check not sufficient funds, 5/31/2021 200 Outstanding checks, 5/31/2021 5,000 Bank service charges for May 250 At May 31, 2021, Able's book cash balance is 9,000 Prepare a bank reconciliation

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