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Question #4 The following information was provided to you from Longview Landscape Supply Company: a. The bank statement balance is $7,650 b. The general ledger
Question #4 The following information was provided to you from Longview Landscape Supply Company: a. The bank statement balance is $7,650 b. The general ledger cash account balance is $6,422 c. Outstanding checks totaled $1,650. d. Deposits in transit are $900. e. The bank service charge is $22. f. A check for $50 was written in June for Supplies Expense, and it cleared the bank in June, however, it was recorded in the cash ledger of the company for $550 instead of $50. Instructions: Longview has requested that you prepare the following: 1. Bank Reconciliation 2. Journal entries based on the reconciliation you have prepared
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