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Prepare a bank reconciliation as of 9/30/18 from the below information. The 9/30 balance in the companys general ledger is $10,000. The 9/30 balance shown
- Prepare a bank reconciliation as of 9/30/18 from the below information.
- The 9/30 balance in the companys general ledger is $10,000.
- The 9/30 balance shown on the bank statement is $7,500.
- Checks issued but not returned with the bank statement totaled $975.
- A deposit made late on 9/30 for $3,000 was included in the general ledger balance but not in the bank statement balance.
- Returned with the bank statement was a notice that customers check for $500 that was deposited on 9/25 was returned because the customers account was overdrawn.
- Interest credited to the account during Sept but not recorded on the companys books was $50, and a bank service fee of $25 was charged.
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