Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

rcement Activity 1-Part A ak Performance received a bank statement dated August 27. TI e business. Prepare a bank statement reconciliation. Use August Bank statement

image text in transcribed
image text in transcribed
rcement Activity 1-Part A ak Performance received a bank statement dated August 27. TI e business. Prepare a bank statement reconciliation. Use August Bank statement balance $13,325.00 25.00 600.00 Bank service charge Outstanding deposit, Aug. 28 Outstanding checks: No. 14 85.00 No. 15 35.00 220.00 No. 16 Checkbook balance on Check Stub No. 17 $13,610.00 RECONCILIATION OF BANK STATEMENT No Balance on Check Stub DEDUCT BANK CHARGES: Description Amount 3 Total bank charges RECONCILIATION OF BANK STATEMENT 20 lance on Check Stub No. Balance on Bank Statement DEDUCT BANK CHARGES: Description Amount ADD OUTSTANDING DEPOSITS Date Amount Total bank charges Total outstanding deposits SUBTOTAL DEDUCT OUTSTANDING CHECKS Check No Amount Total outstanding checks Adjusted Bank Balance Austed Check Stub Balance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions