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The bank statement for Blossom Company indicates a balance of $1,700 on June 30. The cash balance per books had a balance of $750 on
The bank statement for Blossom Company indicates a balance of $1,700 on June 30. The cash balance per books had a balance of $750 on this date. The following information pertains to the bank transactions for the company. 1. 2. 3. Deposit of $705, representing cash receipts of June 30, did not appear on the bank statement. Outstanding checks totaled $300. Bank service charges for June amounted to $25. The bank collected a note receivable for the company for $1,400 plus $50 interest revenue. An NSF check for $80 from a customer was returned with the statement. 5. (a) Prepare a bank reconciliation for June 30. BLOSSOM COMPANY Bank Reconciliation Click if you would like to Show Work for this question: Open Show Work
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