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Jane Co. is preparing its September 30, 20x1 bank reconciliation. Relevant information is shown below: Balance per books 1,480 Balance per bank statement 2,800 Collection
Jane Co. is preparing its September 30, 20x1 bank reconciliation. Relevant information is shown below: Balance per books 1,480 Balance per bank statement 2,800 Collection on note by bank (including 250 interest) 2,500 NSF check returned by bank 500 Bank service charges for December 70 Deposits in transit 2,200 Outstanding checks (including certified checks of 100) 1,000 A 600 loan amortization of Jane Co. was erroneously debited by the bank to Tarzan Co.'s account. Jane made the correct entry. A 650 collection of accounts receivable was erroneously recorded in the books as The actual amount deposited to the bank is 650. The compound entry to reconcile the accounts includes a
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