Question
The bank portion of the bank reconciliation for Blossom Company at October 31, 2021, was as follows: BLOSSOM COMPANY Bank Reconciliation October 31, 2021
The bank portion of the bank reconciliation for Blossom Company at October 31, 2021, was as follows: BLOSSOM COMPANY Bank Reconciliation October 31, 2021 Cash balance per bank Add: Deposits in transit $11,771 1,580 13,351 Less: Outstanding cheques #2451 $1,200 #2470 960 #2471 8821 #2472 516. #2474 1,060 4,618 Adjusted cash balance per bank $8,733 The adjusted cash balance per bank agreed with the cash balance per books at October 31. The November bank statement showed the following:
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started