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***See attachedimage for clarity of information needed*** Bank Reconciliation Use the following information to prepare a bank reconciliation for Young Company at June 30: 1
***See attachedimage for clarity of information needed*** Bank Reconciliation Use the following information to prepare a bank reconciliation for Young Company at June 30:
1 | Balance per Cash account, June 30. | $7,039.80 |
2 | Balance per bank statement, June 30. | $7,300.25 |
3 | Deposits not reflected on bank statement. | $950 |
4 | Outstanding checks, June 30. | $1,260.45 |
5 | Service charge on bank statement not recorded in books. | $35 |
6 | Error by bankYertel Company check charged on | |
Young Companys bank statement. | $375 | |
7 | Check for advertising expense | $260 |
incorrectly recorded in books as | $620 |
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$Answer | Balance from general ledger | $Answer | ||||||
Add: | Answer |
Answer | Add: | Check for $Answer | ||||||
Add: | Bank error- Yertal Company check | recorded as $Answer | Answer | |||||
charged against Young Company's account | Answer | |||||||
Less: | Answer |
Answer | Less: | Answer |
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