The accountant of DFF Manufacturing has prepared the following bank reconciliation statement: Cash balance per bank statement$3,560.20
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Question:
The accountant of DFF Manufacturing has prepared the following bank reconciliation statement:
Cash balance per bank statement$3,560.20
Add:Deposits in transit530.00
4,090.20
Less:Outstanding checks730.00
Adjusted cash balance per bank$3,360.20
Cash balance per books$3,875.20
Less:NSF check$490.00
Bank service charge25.00515.00
Adjusted cash balance per books$3,360.20
The accountant has not yet prepare the accounting entries as yet. What would be the entries recorded?
Posted Date: