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Current Attempt in Progress On August 31, Ivanhoe Company had an unadjusted cash balance of $8,700. An examination of the August bank statement shows a
Current Attempt in Progress On August 31, Ivanhoe Company had an unadjusted cash balance of $8,700. An examination of the August bank statement shows a balance of $7,720 on August 31, bank service charges of $34, deposits in transit of $2.170, interest earned of $10 outstanding cheques of $1,394, and an NSF cheque of $180. Prepare a bank reconciliation at August 31. (List items that increase balance as per bank & books first.) Ivanhoe Company Bank Reconciliation $ > $ S $ H Ivanhoe Company Bank Reconciliation $ Error in deposit Adjusted cash balance per books Deposits in transit Outstanding cheques $ Bank error Interest earned Service charge Cash balance per books NSF cheque
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