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Nolan Company's cash account shows a $20,059 debit balance and its bank statement shows $19,742 on deposit at the close of business on June 30
Nolan Company's cash account shows a $20,059 debit balance and its bank statement shows $19,742 on deposit at the close of business on June 30 o. Outstanding checks as of June 30 total 52,595. b. The June 30 bank statement lists $30 in bank service charges; the company has not yet recorded the cost of these services c. In reviewing the bank statement, a $30 check written by the company was mistakenly recorded in the company's books as $39. d. June 30 cash receipts of $2,917 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement e. The bank statement included a s26 credit for interest earned on the company's cash in the bank. The company has not yet recorded interest earned Prepare a bank reconciliation using the above information NOLAN COMPANY Bank Reconciliation June 30 Book balance Add Bank statement balance Add
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