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JackJoe, Inc. sells toy mice to high end toy stores. Following are facts you need to prepare Jack Joe's March bank reconciliation (10 points) and
JackJoe, Inc. sells toy mice to high end toy stores. Following are facts you need to prepare Jack Joe's March bank reconciliation (10 points) and related journal entries (10 points): Balance per company General Ledger 3/31 $ 80,000 Bank service charge for the month 50 Bounced (NSF) check returned with bank 1,950 statement Note collected by the bank during the month 50,000 Outstanding checks at month end 17,000 Interest on note collected during the month 10.000 Balance per bank at end of month 145.000 Deposit in transit at month end $ 10,000
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