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Question (15 points) You have been provided the following information on Canon Incorporated for December 31, 2020. The balance per the bank statement is $41,200.68
Question (15 points) You have been provided the following information on Canon Incorporated for December 31, 2020. The balance per the bank statement is $41,200.68 The balance per the books is $40,559.40 There was a service charge on the December bank statement for $35 The following cheques were outstanding and not included in the bank statement: o Cheque #9089 for $400 o Cheque #9113 for $2,160.50 Canon Inc. prepared a deposit of $3,443.22 on December 29th that was not included in the December bank statement There was an NSF cheque written by Joel Booth to Canon Inc. on December 11, 2020, for $169. The bank statement indicated there was a bank collection of $1,700 and interest revenue of $28 on December 15, 2020 Required Prepare a bank reconciliation for Canon Incorporated at December 31, 2020. NOTE: Journal entries are NOT required. Paragraph L
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