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Problem 7-5B Preparing a bank reconciliation and recording adjustments LO6 CHECK FIGURE: Adjusted book balance =$2,837.06 Mae Telford, the controller of the Baylor Company, provided
Problem 7-5B Preparing a bank reconciliation and recording adjustments LO6 CHECK FIGURE: Adjusted book balance =$2,837.06 Mae Telford, the controller of the Baylor Company, provided the following information: The Cash account in the general ledger appeared as follows on November 30 (Baylor Company uses only a general journal to record transactions): The following bank statement is available for November 2017 : Required a. Prepare a bank reconciliation for Baylor Company for the month of November 2017. Assume that any errors made were by the bookkeeper (cheque #547 was for advertising expense; the deposit of November 9 was regarding a credit customer, Val Pacino). b. Prepare the necessary entries resulting from the bank reconciliation
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