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Required Information The following information applies to the questions displayed below.) The December bank statement and cash T-account for Stewart Company follow. BANK STATEMENT Date
Required Information The following information applies to the questions displayed below.) The December bank statement and cash T-account for Stewart Company follow. BANK STATEMENT Date Checks Deposits Other Dec. 1 6 $ 7,520 11 450 $27,000 178,900 34,000 450 30 12,200 18,000 NSF* Interest earned Service charge Balance $36,000 28,480 55,030 46,130 80,130 79,680 85, 280 85,300 85,250 $200 20 50 *NSF check from J. Left, a customer. Dec. 1 Balance Deposits Dec. 11 Cash (A) 36,000 Checks written during December: 27,000 7,520 34,000 450 18,000 8,900 11,000 450 50 12,200 5,700 90,730 Dec. 31 Balance There were no deposits in transit or outstanding checks at November 30. 3. Prepare a bank reconciliation for December. STEWART COMPANY Bank Reconciliation At December 31 Company's Books Ending Balance Per Cash Account Additions: Bank Statement Ending Balance Per Bank Statement Additions: Deductions: Deductions: Up-to-Date Cash Balance Up-to-Date Cash Balance
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