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Requlred informetion Use the following informetion for the Quick Studies 12.13 below. (Algo) [The following information applies to the questions displayed below] Oroanic Food Company's
Requlred informetion Use the following informetion for the Quick Studies 12.13 below. (Algo) [The following information applies to the questions displayed below] Oroanic Food Company's Cash accoum shows a $6,500 debit balance and its bank statement shows $5.860 on deposit Bt the close of business on August 31 . a. August 31 cash receipts of $2,240 were placed in the bank's night depository after banking hours and were not recorded on the August 31 bank statement. b. The bank statement shows a \$220 NSF check from a customer. the company has not yet recorded this NSF check. c. Outstanding checks as of August 31 total $2.120 d. In reviewing the bank statement, an $180 check written by Organic Fruits was mistakenly drawn against Organic Food's Bccount. e. The August 31 bank statement lists $120 in bank service charges; the company has not yet recorded the cost of these services. QS 6-12 (Algo) Bank reconclllatlon LOP3 Prepare a bank reconciliation using the above information
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