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Please answer problem #10 part B, SHOWING ALL WORK ACCORDINGLY. Please do not cut off the answers when posting. Thank you. The following information pertains
Please answer problem #10 part B, SHOWING ALL WORK ACCORDINGLY. Please do not cut off the answers when posting. Thank you.
The following information pertains to Sunland Company 1 2 3. Cash balance per books, August 31, $7,374. Cash balance per bank August 31, $7.338. Outstanding checks, August 31. $ 706. August bank service charge not recorded by the depositor $58. Deposits in transit. August 31. S 3,610. 4 5. In addition: $2.926 collected for Sunland Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Sunlend Company Prepare a bank reconciliation at August 31, 2022. (List Items that increase balance as per bank & books first.) SUNLAND COMPANY Bank Reconciliation August 31, 2022 Cash balance per bank statement $ 7.338 Add Deposits in transit 3,610 10,938 Less VI: Outstanding checks Step by Step Solution
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