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Refer to the information given below a. The August 31 balance shown on the bank statement is $9.807 b. There i deposit in transit of
Refer to the information given below a. The August 31 balance shown on the bank statement is $9.807 b. There i deposit in transit of $1,247 at August 31 c. Outstandir cheat August 31 totaled $1874 d. Interest credited to the account during August but not recorded on the company's books amounted to S113 e. A bank charge of $40 for checks was made to the account during August Although the company was expecting a charge, the amount was not known until the bank statement arrived f. In the process of reviewing the canceled checks, it was determined that a check issued to a supplier in payment of accounts payable of $623 had been recorded as a disbursement of $376, g. The August 31 balance in the general ledger Cash account before reconciliation is $9,354 Required: Bank Reconciliation August 31 Balance per books Add Balance per bank Add: 0 0 0 Deduct: Deduct 0 0 Reconciled balance $ 0 Reconciled balance
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