Excel SIM: Preparing a bank reconciliation. 1. Prepare a bank reconciliation using a company's bank statement and cash account. XL Preparing a bank reconciliation. - Excel ? - 5 FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri 11 -A A % Paste BIU Alignment Number Cells Editing Conditional Format as Cell Formatting Table Styles Styles Clipboard Font A1 fac The June bank statement and the cash T-account for Superior Printing Company is B E F G 1 The June bank statement and the cash T-account for Superior Printing Company is shown below. 2 3 BANK STATEMENT Deposits Other 4 Checks 5 Date June 1 3 4 6 7 440 1,200 500 1,200 8 8 10 9 10 250 10,000 Balance 18,500 18,060 16,860 16,360 15,160 24,910 23,990 49,190 48,840 44,240 60,540 59,570 11 NSF 840 12 35,000 13 20 22 26 27 29 30 13 14 80 9,800 350 4,600 700 920 15 17,000 16 50 Serv. Charge Interest Earned 17 30 600 30 59,000 18 18 19 Cash 20 21 22 June 1 Bal. June 13 deposit June 22 deposit June 29 deposit June 30 deposit 18,500 10,000 35,000 17,000 28,000 23 24 25 26 27 440 Check #100 1,200 Check #101 500 Check #102 1,200 Check #103 250 Check #104 80 Check #105 9,800 Check #106 350 Check #107 4,600 Check #108 770 Check #109 4,900 Check #110 700 Check #111 920 Check #112 600 Check #113 28 29 30 31 32 33 34 35 June 30 Bal. 82,190 36 37 Required: 37 Required: 38 Prepare a bank reconciliation for June using the bank statement and T-account above and the information below. 39 Additional information: 40 There were no deposits in transit or outstanding checks at May 31. 41 Note: Columns C and F must be entered as positive values. In columns B & E, use cell references 42 to the appropriate items from the list below. List "Deductions" in chronological order (earliest item first). 43 Bank Error NSF Check 44 Deposits in Transit Outstanding Checks 45 EFT from Customer Recording Error 46 Interest Earned Service Charge 47 48 SUPERIOR PRINTING COMPANY 49 Bank Reconciliation 50 At June 30 51 Updates to Bank Statement Updates to Company's Books 52 Bank statement balance Book balance 53 Additions: Additions: 54 55 Deductions: Deductions: 56 57 58 Adjusted bank balance Adjusted book balance 59 60 Sheet 1 + READY EI + 60% Attempt(s) Hint Show Me