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Organic Food Co.'s cash account shows a $6.400 debit balance and its bank statement shows $5,790 on deposit at the close of business on August
Organic Food Co.'s cash account shows a $6.400 debit balance and its bank statement shows $5,790 on deposit at the close of business on August 31, 9. August 31 cash receipts of $2,140 were placed in the bank's night depository after banking hours and were not recorded on the August 31 bank statement b. The bank statement shows a $210 NSF check from a customer the company has not yet recorded this NSF check c. Outstanding checks as of August 31 total $2,020. d. In reviewing the bank statement, an $170 check wiitten by Organic Fruits was mistakenly drawn against Organic Food's account e. The August 31 bank statement lists $110 in bank service charges, the company has not yet recorded the cost of these services Prepare a bank reconciliation using the above information ORGANIC FOOD CO Bank Reconciliation August 31 Book balance Add Bank statement balance Add Deduct Deduct Adjustod bank balance Adjusted book balance
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