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please help Exercise 4-4) Bank Reconciliation Conway Company reported the following information: Cash balance on balance sheet (12/31) Pre-reconciliation cash account balance (12/31) Bank statement
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Exercise 4-4) Bank Reconciliation Conway Company reported the following information: Cash balance on balance sheet (12/31) Pre-reconciliation cash account balance (12/31) Bank statement (12/31) Bank service charges Bank debit memos (utility payments) Deposits in transit (12/31) $22,066 23,916 23,220 350 1,500 9,160 Required: 1. Calculate the amount of outstanding checks as of December 31. 2. Prepare the adjusting entries that Conway must make at December 31. Dec. 31 (Record bank service charge) Dec. 31Step by Step Solution
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