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Pandemic Manufacturing used the following information in recording its bank reconciliation for the month of April Balance per books April 30 Balance per bank
Pandemic Manufacturing used the following information in recording its bank reconciliation for the month of April Balance per books April 30 Balance per bank statement April 30 (a) Checks written in April but still outstanding $6,300, (b) Checks written in March but still outstanding $2,800. (c) Deposits of April 30 not yet recorded by bank $4,900. NSF check of customer returned by bank $500. (d) (e) $ 905 $11,300 Check No. 220 for $594 was correctly issued and paid by bank but incorrectly entered in the cash payments journal as payment on account for $549. (f) A payment on account was incorrectly entered in the cash payments journal and posted to the accounts payable subsidiary ledger for $824 when Check No. 318 was correctly prepared for $284. The check cleared the bank in April (g) The bank collected a note receivable for the company of $6,000 plus $240 interest revenue. (h) Bank service charge for April was $40.
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