F G M N A B C D E LL 1 2 3 Nolan Company's cash account shows a $22,352 debit balance and its bank statement shows $21,332 on deposit at the close of business on June 30. $22,352 $21,332 4 a. Outstanding checks as of June 30 total $3,713. $3,713 5 6 b. The June 30 bank statement lists $41 in bank service charges; the company has not yet recorded the cost of these services. $41 7 8 c. In reviewing the bank statement, a $90 check written by the company was mistakenly recorded in the company's books as $99. $90 $99 9 10 d. June 30 cash receipts of $4,724 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement. 11 12 e. The bank statement included a $23 credit for interest earned on the company's cash in the bank. The company has not yet recorded interest earned. $4,724 $23 13 Required: Prepare a bank reconciliation using the above information. 14 15 NOLAN COMPANY 16 Bank Reconciliation 17 June 30 18 Bank statement balance Book balance 19 Add: Add: 20 21 22 23 Deduct: 24 25 Adjusted bank balance 20 Subtotal Deduct: Adjusted book balance 0