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Inc 's bank statement from Western Bank at August 31, 2018, shows the fellowing information Balance, August August deposits Cheques cleared in August Bank crede
Inc 's bank statement from Western Bank at August 31, 2018, shows the fellowing information Balance, August August deposits Cheques cleared in August Bank crede for interest earned not yet accrued Bank debit for safety deposit bex fee Bank service charge Balance, August 31 $15,996 2,900 (68,082) 45 (30) (60) $20,769 A summary of the Cash account in the ledger for August shows the fol balance, August 31, $20,485. Analysis reveals that wing: Recondled cesh biolance, August 1, $15,875, cesh receipts deposited $77,500, cheque disbursements $72,890; and unreconaled cesh the only reconciling toms on the July 31 bank reconoliztisn were a depost in transt for $4,400 and outstandng cheques of $4,521. In aodition, you determine f i there was an errer involving a company cheque drawn in August: A cheque fer $400 to a creditor on account that cleared the bank in August was journalized and posted fer 540. Cakulate deposits in transit at Augst 3i Deposits in transt Calculate the amount of outstanding cheques at August 3. Hine You need to correct disbursements for the cheque eror Outstanding chees anow Las Prepare a bank reconcliation at August 31. Listtes that increase balance as per baak & books first.)
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