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On August 31, Blossom Company had an unadjusted cash balance of $8,700. An examination of the August bank statement shows a balance of $7,720 on
On August 31, Blossom Company had an unadjusted cash balance of $8,700. An examination of the August bank statement shows a balance of $7,720 on August 31, bank service charges of $22, deposits in transit of $2,690, interest earned of $11, outstanding cheques of $1,911, and an NSF cheque of $190. Prepare a bank reconciliation at August 31. (List items that increase balance as per bank & books first.) Blossom Company Bank Reconciliation $ $ A A
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