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Question 3: Bank Reconciliation The following information is available for Hapley Company. The November 30 bank statement shows a $1,895 balance. . The general ledger
Question 3: Bank Reconciliation The following information is available for Hapley Company. The November 30 bank statement shows a $1,895 balance. . The general ledger shows a $1,742 balance at November 30. A $795 deposit placed in the bank's night depository on November 30 does not appear on the November 30 bank statement. Outstanding checks amount to $638 at November 30. A customer's $335 note was collected by the bank in November. A collection fee of $15 was deducted by the bank and the difference deposited in Hapley's account. A bank service charge of $10 is deducted by the bank and appears on the November 30 bank statement. . Hapley partially completed a bank reconciliation, shown below. Bank Reconcilation November 30 Balance per bank statement. $1,895 Deduct: Outstanding checks. (638) $2,052
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