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Nicole's Getaway Spa (NGS) contInues to grow and develop. NIcole Is now evaluating a computerized accounting system and needs your help In understanding how source
Nicole's Getaway Spa (NGS) contInues to grow and develop. NIcole Is now evaluating a computerized accounting system and needs your help In understanding how source documents Inform account ng processes. She also needs some help reconciling NGS's bank account. Value: 3.50 points 2. Nicole has asked you to prepare a bank reconciliation for NGS. According to her records, NGS's cash balance is $6,300 at December 31, but the bank reports a balance of $5,800 a. The bank deducted $300 for an NSF check from a customer deposited on December 22. b. NGS has written checks totaling $3,800 that have not yet cleared the bank. c. The bank added $25 cash to the account for interest earned in December. d. NGS made a $3,820 deposit on December 31, which will be recorded by the bank in January. e. The bank deducted $25 for service charges. f. NGS wrote a check to a supplier on account for $200 but mistakenly recorded it as $20. NICOLE'S GETAWAY SPA Bank Reconciliation At December 31 Bank Statement Company's Books Ending Balance per Bank Statement Ending Balance per Cash Account Additions: Additions: Deductions: Deductions: ate Cash Balance ate Cash Balance
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