question 4 t

Organic Food Co.'s cash account shows a $6.900 debit balance and its bank statement shows $6,140 on deposit at the close of business on August 31. a. August 31 cash receipts of $2,640 were placed in the bank's night depository after banking hours and were not recorded on the August 31 bank statement b. The bank statement shows a $260 NSF check from a customer, the company has not yet recorded this NSF check c. Outstanding checks as of August 31 total $2,520. d. In reviewing the bank statement, an $220 check written by Organic Fruits was mistakenly drawn against Organic Food's account e. The August 31 bank statement lists $160 in bank service charges; the company has not yet recorded the cost of these services Prepare a bank reconciliation using the above information. ORGANIC FOOD CO. Bank Reconciliation August 31 Book balance Add. Bank statement balance Add Deduct Deduct Adjusted bank balance Adjusted book balance