Question
Coronado Wyatt is unable to reconcile the bank balance at January 31. Coronado's reconciliation is as follows Cash balance per bank Add: NSF check
Coronado Wyatt is unable to reconcile the bank balance at January 31. Coronado's reconciliation is as follows Cash balance per bank Add: NSF check Less: Bank service charge Adjusted balance per bank $4,520.20 210 31 $4,699.20 Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books $4,761.20 $4,835.20 1,010 936 (a) Prepare a correct bank reconciliation. (List items that increase cash balance first. Round answers to 2 des Coronado Wyatt Bank Reconciliation
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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