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Do all the parts of requirement a. The August 31 bank balance is $6,560. b. The bank statement includes two charges for NSF checks from
Do all the parts of requirement
a. The August 31 bank balance is $6,560. b. The bank statement includes two charges for NSF checks from customers. One is for $360(#1), and the other is for $160(#2). c. The following Wyndham checks are outstanding at August 31 : d. Wyndham collects from a few customers by EFT. The August bank statement lists a \$2,200 EFT deposit for a collection on account. e. The bank statement includes two special deposits that Wyndham hasn't recorded yet: $650 for dividend revenue, and $30 for the interest revenue Wyndham earned on its bank balance during August. f. The bank statement lists a $110 subtraction for the bank service charge. g. On August 31, the Wyndham treasurer deposited $350, but this deposit does not appear on the bank statement. h. The bank statement includes a $300 deduction for a check drawn by Multi-State Freight Company. Wyndham notified the bank of this bank error. i. Wyndham's Cash account shows a balance of $3,500 on August 31Step by Step Solution
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