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On July 31, Don's checkbook balance was $1,667.90, and the bank statement as of that date showed a balance of $1,828.80. A comparison of the
On July 31, Don's checkbook balance was $1,667.90, and the bank statement as of that date showed a balance of $1,828.80. A comparison of the bank statement and accounting records showed the following Outstanding checks were: Number Amount 114 $79.50 117 96.42 118 17.48 Check number 112 for $19.00 had been issued, processed by the bank, and charged on the bank statement, but was not recorded in the checkbook. A bank service charge of $4.50 was not recorded in the checkbook. Check number 116 was written for $121.00 and processed by the bank for $121.00. It was entered and deducted in the checkbook as $112.00 Prepare a bank reconciliation in proper format. List and total the outstanding checks at the bottom of the bank reconciliation
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