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Ranch Company received a bank statement showing a bank balance of $ 9 , 7 3 2 . Ranch's bookkeeper noticed that the bank collected

Ranch Company received a bank statement showing a bank balance of $9,732. Ranch's bookkeeper noticed that the bank collected a $2,400 note. A $500 June 1 deposit was in transit. Outstanding checks for the month were $492. The bank charged a $15 service charge. Ranch forgot to record a $45 withdrawal from the ATM. Could you help Ranch's bookkeeper prepare a reconciliation assuming Ranch has a $7,400 checkbook balance? |
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