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izlet your Dashboard.. Python Programmi... Cryptocurrency Pric... n Handshake Oracle Live SQL-S... Adobe knowledge... Reading list eBook Show Me How Bank Reconciliation The following data
izlet your Dashboard.. Python Programmi... Cryptocurrency Pric... n Handshake Oracle Live SQL-S... Adobe knowledge... Reading list eBook Show Me How Bank Reconciliation The following data were gathered to use in reconciling the bank account of McCurdy Company: Balance per bank $ 19,940 16,635 Balance per company records Bank service charges 95 Deposit in transit 2,940 NSF check 1,080 Outstanding checks 7,420 a. What is the adjusted balance on the bank reconciliation? 19,880 Feedback Check My Work a. Set up two columns: one for the company cash account section and the other for the bank balance section. Determine the effect of the data on each column. Recall that when you are finished, the adjusted balances in the bank and company sections of the reconciliation must be equal. If not, an item has been overlooked or treated in error. b. Journalize any necessary entries for McCurdy Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank. Check My Work Previous Next
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