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PROBLEM #2 Company's books on October 31, showed the cash account balance of $6,250 tore Co had these for December 2021. Prepare a bank
PROBLEM #2 Company's books on October 31, showed the cash account balance of $6,250 tore Co had these for December 2021. Prepare a bank reconciliation: The bank statement shows a balance on October 31 of $3,720 3. These were the outstanding checks #22 for $144, check #44 for $410, and check #52 for $320 4. The bank made an error and withdraw $110 from the company bank account 5. The bank collected a Note for $2,950, had bank services charges of $195 and check printing 588 6. Deposits in transit were checks #50 for $319 and check #55 for $420 7. There was a $162 NSF check not recorded by the company ORANGE COMPANY BANK RECONCILIATION DECEMBER 31, 2021 Balance per Bank $6.250 Balance per Books $ 3,120 ADD: Deposit in Transit DEDUCT: Outstanding Checks ADD: DEDUCT: Adjusted Bank Balance $ Adjusted Book Balance $
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