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The accounting department prepares a bank reconciliation at the end of each month. The following Tableau Dashboard is provided to assist in our reconciliation for
The accounting department prepares a bank reconciliation at the end of each month. The following Tableau Dashboard is provided to assist in our reconciliation for the month of November. Bank Statement Balance $20,000 $15,000 $10,000 $5,000 $0 October 31 November 15 November 30 Book Balance $20,000 $15,000 $10,000 $5,000 $0 October 31 November 15 November 30 Cash Interest Received on Bank Total Deposits in Transit Cash Interest Received on Bank Balance Total Deposits in Transit November 30 $250 $40 November Bank Fees $30 $20 Check Printing Fees Service Fees $10 $0 August September October November Wire Transfer Fees Outstanding Checks at Nov. 30 Check #1203 $100 Check #1278 $78 #tableau K GO TO 1. Determine the company's (a) bank balance and (b) book balance on November 30 before the bank reconciliation. 2. What is the amount of cash interest received in the month of November? 3. Which of the bank fees is the largest of those charged to the company in November? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the company's (a) bank balance and (b) book balance on November 30 before the bank reconciliation. (a) Bank Balance (b) Book Balance
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