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Need the calculations as well Bank Reconciliation: A review of the November 30 bank statement and other data of Huron Company reveals the following: 1)
Need the calculations as well
Bank Reconciliation: A review of the November 30 bank statement and other data of Huron Company reveals the following: 1) Balance per bank statement on November 30 ....... $17,400 2) Balance per books on November 30 $15,088 3) NSF Check from J. Smith in payment of account $190 4) Deposits in transit at November 30 ....... 1,700 5) Outstanding checks at November 30 4,225 6) A check paid to Green for equipment on November 10 was recorded at $463 but correctly cleared the bank at $436. 7) A check drawn on the account of Conan Co. for $50 was mistakenly charged against Huron's account by the bank. Instructions: Prepare the November 30 (a) bank reconciliation (omit heading) and (b) related journal entriesStep by Step Solution
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