Question
Lisa Ceja is unable to reconcile the bank balance at January 31. Lisa's reconciliation is as follows Cash balance per bank $4,382.20 Add: NSF check
Lisa Ceja is unable to reconcile the bank balance at January 31. Lisa's reconciliation is as follows
| Cash balance per bank | $4,382.20 | |
| Add: NSF check | 229.00 | |
| Less: Bank service charge | 34.00 | |
| Adjusted balance per bank | $4,577.20 | |
| Cash balance per books | $4,547.20 | |
| Less: Deposits in transit | 841.00 | |
| Add: Outstanding checks | 939.00 | |
| Adjusted balance per books | $4,645.20 |
(a) Prepare a correct bank reconciliation
(b) Journalize the entries required by the reconciliation
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Oracle Privacy Security Auditing Includes HIPAA Regulatory Compliance
Authors: Arup Nanda, Donald K Burleson
2nd Edition
0991638697, 978-0991638697
