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Exercise 217 (Part Level Submission) The bank statement for Blossom Company indicates a balance of $1,700 on Jante 30. The cash balance per books had
Exercise 217 (Part Level Submission) The bank statement for Blossom Company indicates a balance of $1,700 on Jante 30. The cash balance per books had a balance of $760 on this date. The following information parlait to the bank transactions for the company 1. Deposit of $705, representing cash receipts of lune 30, did not appear on the bank Statement 2. Outstanding checks totaled $300. 3. Bank service charges for Jute amounted to $25. 4. The bank collected a note reivable for the company for $1,400 plus 550 interest 5. ANSF check for $80 from a customer was reled with the statement Eur artinar a partially . Prepare a bank reconciliation for a 30. BLOSSOM COMPANY Bank Reconciliation For the Month Ended June 20 Cash Balance Pr Bank 1,200 Deposit in an 205 Outstanding Check 300 Ad usted Cash Balance Bank V 2,105 Cash Balance Per Books 760 Collection of Not and interest 1,450 Bank Service Charge Check Adjusted Cashew Books 2,105 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER (b) Prepare any adjusting is necessary as a result of the bank reconciliation. (Cradit account titles are automatically indented when the amount is entered. Do not inderit manually.) Account Titles and Explanation Det Credit Date Jun 30 To record collection of not receive and it by the bank) 30 Tood NF dhe Click if you would like to Show Work for this question: Dean Show Work SHOW LIST OF ACCOUNTS
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