Instructions:

Using the Bank Reconciliation Form (Excel worksheet downloaded for this Problem), reconcile Road Rash Motorcycle Repair Shop's bank account by using the General Ledger and Bank Statement provided above. You do not need to prepare any journal entries for this problem.

Preparing a Bank Reconciliation You will be preparing a bank reconciliation for Road Rash Motorcycle Repair Shop from your practice set, using what you learned in Chapter 8 - Fraud, Internal Control and Cash in your textbook. It is June 30 and Road Rash Motorcycle Repair Shop has just completed its first month of business. Below you will find the General Ledger for the business (from your Practice Set) and the bank statement for the cash account: General Ledger Account Cash Account No 101 Description Credit Debit 5.000.00 Date 6 1 2 3 22 30 Ref J1 J1 J1 J1 J1 500.00 2.000.00 Balance 5.000.00 4,500.00 2,500.00 3.700.00 3,200.00 1,200.00 500.00 Bank Statement Bank National One Business Checking Statement Checking Account 113-6895531 Road Rash Motor Cycle Repair Shop 18404 N 32nd Street Phoenix, AZ 85032 June 30, 2020 Beginning Balance Total Deposits 6,200.00 Total Withdrawals 2,515.00$ Ending Balance 3.685.00 $ Deposits Date 06/01/20 06/22/20 Amount Description 5,000.00 Deposit in Branch 1,200.00 Deposit in Branch $ 6,200.00 Total Deposits Withdrawals Date 06/02/20 06/03/20 06/30/20 Amount Description 500.00 Check 001 2,000.00 Check 002 15.00 Service Charge $ 2,515.00 Total Withdrawals Bank Reconciliation Cash Balance per Bank Add: Less: Adjusted Cash Balance per Bank Cash Balance per Books Add: Less: Adjusted Cash Balance per Books