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sorry i wast able of taking a good picture for the questions but i hope it's understandable and please answer it now , thank u
sorry i wast able of taking a good picture for the questions but i hope it's understandable and please answer it now , thank u
Question AMA Company's bank statement for 31st December 2021 showed a cash ba following information was also available as of December 31st a. A $100 NSF check from a customer, J. Steel is shown on the bank stat b. The December 31st cash receipts, $1,250, were placed in the bank's statement. c. A $15 debit memorandum for checks Book deducted by the bank. d. Outstanding checks amounted to $1,120. e. A customer's note for $825 was collected by the bank. A collection fee f. The bank erroneously deducts a check for $200 by mistake. Required: Prepare a bank reconciliation as of December 31st, Question 1 of 15 8 points Save Answer a cash balance of $2000. The company's Cash account in its general ledger showed a $1645 debit balance. The bank statement but not yet recorded by the company. bank's night depository after banking hours and this amount did not appear on the December 31st bank ank. tion fee of $25 was deducted by the bank and the difference was deposited in the account. 4. The bank erroneously deducts a check for $200 by mistake. by the bank. A collection fee of $25 was Required: Prepare a bank reconciliation as of December 31st You can answer in the following format: AMA COMPANY Bank Reconciliation, December 31 Bank statement balance.......XXXX Add ..XXXX YYYYY.... YYYYY............ .XXXX Deduct YYYYY..... ******** ..XXX Total...... .XXXX Book balance of cash..........XXXX Add................ .XXXX YYYYY... Deduct YYYYY........ Total.... ..XXXX ..XXX .XXXX Step by Step Solution
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