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Q3. George Infrastructure Company's books show a cash balance at the Victoria Bank on November 30, 2020, of $20,502. The bank statement covering the month
Q3. George Infrastructure Company's books show a cash balance at the Victoria Bank on November 30, 2020, of $20,502. The bank statement covering the month of November shows an ending balance of $22,190. An examination of George's accounting records and November bank statement identified the following reconciling items. 1. A deposit of $3,680 that George mailed November 30 does not appear on the bank statement. Page 1 of 3 Set A 2. Checks written in November but not charged to the November bank statement are: Check #7327 $150 #7348 $4,820 #7349 $31 3. George has not yet recorded the $600 of interest collected by the bank November 20 on Margaret Co. bonds held by the bank for George. 4. Bank service charges of $18 are not yet recorded on George's books. 5. The bank returned one of George's customer's checks for $220 with the bank statement, marked "NSF." The bank treated this bad check as a disbursement. 6. George discovered that it incorrectly recorded check #7322, written in November for $131 in payment of an account payable, as $311. 7. A check for Tony Co. in the amount of $175 that the bank incorrectly charged to George accompanied the statement. Requirement: [Marks: 15) Prepare a bank reconciliation at November 30
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