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Nolan Company's cash account shows a $29,833 debit balance and its bank statement shows $30,002 on deposit at the close of business on June 30.

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Nolan Company's cash account shows a $29,833 debit balance and its bank statement shows $30,002 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,426. b. The June 30 bank statement lists $28 in bank service charges the company has not yet recorded the cost of these services c. In reviewing the bank statement, a $40 check written by the company was mistakenly recorded in the company's books as $49. d. June 30 cash receipts of $2.261 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 $23 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 Deposit of June 30 $ 2.261 NOLAN COMPANY Bank Reconciliation June 30 Book balance Add: Bank statement balance Add: Deposit of June 30 $ 2,261 0 2,261 2,261 0 Deduct: Deduct: 0 O O $ 2,261 Adjusted book balance en Adjusted bank balance

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