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Quick bank chart!! need fast need just the chart!! Kank Reconclingtion and Entries The cosh account for Norwegian Medical Co. at April 30 indicated a
Quick bank chart!! need fast
need just the chart!!
Kank Reconclingtion and Entries The cosh account for Norwegian Medical Co. at April 30 indicated a balance of $10,470. The bank statement, indicated a balionce of $11,820 on Apni 30 , Compening the bank statement and the accompanying canceled checks and memes with the reconds revealed the following reconciling items: a. Checks outstanding totaied 54,260 . b. A deposit of 54,430 , representing recenipts of Apral 30, had been made too late to appear on the bank statement. c. The bank collected $2,300 on a $2,190 note, including interest of $110. d. A check for $440 retumed with the statement had been incorrectly recorded by Norwegian Medical Co. as $400. The check was for the payment of an obligation to Universal Supply Co. for a purchase on account. e. A check drawn for $30 had been erroncoutly charged by the bank as $800 f. Bsrk service charges for Aprit amounted to $20. Required: 1. Prepare a bank reconcliation. eintry, leave it blank Step by Step Solution
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