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I need help with this accounting question: PLEASE USE YOUR OWN WORK. The following information pertains to Cullumber Company. 1. Cash balance per books, August
I need help with this accounting question:
PLEASE USE YOUR OWN WORK.
The following information pertains to Cullumber Company. 1. Cash balance per books, August 31, $7,374. 2. Cash balance per bank, August 31, $7,338. 3. Outstanding checks, August 31, $690. 4. August bank service charge not recorded by the depositor $42. 5. Deposits in transit, August 31, $2,810. In addition, $2,126 collected for Cullumber Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Cullumber Company. Prepare a bank reconciliation at August 31, 2022. (List items that increase balance as per bank & books first.) CULLUMBER COMPANY Bank Reconciliation For the Month Ended August 31, 2022 For the Year Ended August 31, 2022 August 31, 2022 CULLUMBER COMPANY Bank Reconciliation $ Add LessStep by Step Solution
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