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Thank you. Instructions For each of the following identify - in Column 1 the category to which the account belongs, in Column 2 the normal
Thank you.
Instructions For each of the following identify - in Column 1 the category to which the account belongs, in Column 2 the normal balance for the account, in Column 3 the financial statement on which the account balance is reported, and in Column 4 the nature of the account (permanent/temporary). 6) Calculate, from the following information accumulated by Vera Freese, the adjusted cash balance at the enc of April. uswer. 7) The May bank statement for Accounting Services shows a balance of $6,300, but the balance per books shows a cash balance of $7,980. Other information includes 1. A cheque for $200 to pay the electric bill was recorded on the books as $20. 2. Included on the bank statement was a note collected by the bank for $300 plus interest of $30. 3. Cheques outstanding totaled $360. 4. Bank service charges were $50. 5. Deposits in transit were $2,140. Which item should be added to the company's book balance during the bank reconciliation? 8) Compute the adjusted book balance on May 31, 2023 from the following information: 9) Construct the bank reconciliation for Zone Training, as of October 31, from the following informationStep by Step Solution
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