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Johnson Corporation's bank statement for October reports an ending balance of $21.207, whereas Johnson's cash account shows a balance of $20,71 on October 31 The
Johnson Corporation's bank statement for October reports an ending balance of $21.207, whereas Johnson's cash account shows a balance of $20,71 on October 31 The following additional Information is available: a. A 5795 deposit made on October 31 was not recorded by the web b. At the end of October, outstanding ches to $1.222 The bank statement shows bank service charges of $125 not yet recorded by the company d. The company erroneously recorded as $973 a check that had to correctly processed by the bank e. A 5480 check from a customer, deposited by the company on er 23, was reed the bankment for lack of funds Required: 1. Prepare the October bank reconciliation for Johnson Corporation Johnson Corporation Bank Reconciliation Schedule October 31 Cash balance from bank statement Add: Deposit in transit Less: Outstanding checks Adjusted cash balance Cash balance from company records Add Error in recording check Less: Service charge NSF check Care Adjusted cash balance Chew more Check My Workommning. Sme for Grading T Y 11 G S F 3 D B N 3 26 command
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