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Prepare a bank reconciliation for Blue Jay bank based on the following information: Balance per books $500,000, balance per bank, $530,000, outstanding checks, $15,000, bank
Prepare a bank reconciliation for Blue Jay bank based on the following information: Balance per books $500,000, balance per bank, $530,000, outstanding checks, $15,000, bank fees, $1,000, nonsufficient funds checks, $5,000, deposits in transit, $20,000. The bank mistakenly deposited $41,000, in Blue Jays account this deposit should have been deposited in Brooks account.
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