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GoG Inc. prepares bank reconciliation every month. Match the code below with transactions for preparing June 2022 bank reconciliation. (8 points) 1) Code A
GoG Inc. prepares bank reconciliation every month. Match the code below with transactions for preparing June 2022 bank reconciliation. (8 points) 1) Code A B Located or Treated Add to the cash balance per books Deduct from the cash balance per books Add to the cash balance per bank D Deduct from the cash balance per bank Does not affect the bank reconciliation E An outstanding check of $5000 at the end of May was cleared in June and was recorded 2) The bank statement included a credit memorandum of $80 dated 6/12/2022, for the interest on a 3-month, $20,000 note receivable that the company owns. 3) d Two checks, totaling $888.70, did not clear the bank in June. Check for $770 correctly written and paid by the bank but incorrectly entered in the cash payments journal for $77.
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