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John Cardon owns Cardon Auto Group. On December 31 the unadjusted balance in the books was $8758, and the unadjusted balance on his bank statement
John Cardon owns Cardon Auto Group. On December 31 the unadjusted balance in the books was $8758, and the unadjusted balance on his bank statement is $6,653. Prepare a bank reconciliation given the following: a. Outstanding Cheques of $1,200 b. Deposit in transit of $5,250 C. Debit Memo for bank service fees of $25 d. EFT of $1,970 from a customer paying their account. BANK Cash Balance Per Bank BOOKS Cash Balance per Books Complete with the journal entries for this Bank Rec. GENERAL JOURNAL Date Account Title and Explanation Debit Credit >
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