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Prepare the adjusting entries based on the reconciliation. Adjusting Entries: Blossom Company Bank Reconciliation November 30, 2019 Cash balance per bank statement 17,042.50 1,224 18,266.50
Prepare the adjusting entries based on the reconciliation.
Adjusting Entries:
Blossom Company Bank Reconciliation November 30, 2019 Cash balance per bank statement 17,042.50 1,224 18,266.50 AddDeposits in transit Less Outstanding checks No. 2451 1,080.40 No. 2472 266.80 No. 2478 518.20 No. 2482 652 No. 2484 849.50 No. 2485 924.80 No. 2487 348 No. 2488 760 5,399.70 Adjusted cash balance per bank 12,866.80 Cash balance per books 10,793.80 Add Electronic funds transfer received 2,212 13,005.80 Less $ Check printing charge Error in recording check Error in deposit 85 45 9 139 Adjusted cash balance per books 13144.80Step by Step Solution
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