Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please answer Presented below is information related to Tamarisk Inc. Balance per books at October 31,$108,804,41; receipts $451,162.17; disbursements $428,723.20. Balance per bank statement November
please answer Presented below is information related to Tamarisk Inc. Balance per books at October 31,$108,804,41; receipts $451,162.17; disbursements $428,723.20. Balance per bank statement November 30,$146,312.92 The following checks were outstanding at November 30 . Included with the November bank statement and not recorded by the company were a bank debit memo for $71.24 covering bank charges for the month, a debit memo for $967.54 for a customer's check returned and marked NSF, and a credit memo for $3,640 representing bond interest collected by the bank in the name of Tamarisk Inc. Cash on hand at November 30 recorded and awaiting deposit amounted to $4,980.04. (a) Prepare a bank reconciliation (to the correct balance) at November 30, for Tamarisk Inc. from the information above. (Enter answers to 2 decimal places, e.g. 125.62.) Your answer is partially correct. Prepare a bank reconciliation (to the correct balance) at November 30, for Tamarisk Inc. from the information above. (Enter answers to 2 decimal places, e.g. 125.62.) Bank Charges Not Recorded in Books * Customer's Check Returned NSF 134883,83 Bank Charges Not Recorded in Books Customer's Check Returned NSF Balance per Books $ 71.24
please answer
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started