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The bank statement for Exible Co. indicates a balance of $10,252.50 on June 30, 20Y8. The cash account for the company had a balance of
The bank statement for Exible Co. indicates a balance of $10,252.50 on June 30, 20Y8. The cash account for the company had a balance of $4,787.10. a. Cash sales of $351 had been erroneously recorded as $315. b. Deposits in transit not recorded by bank, $500. c. Bank debit memorandum for service charges, $45. d. Bank credit memorandum for note collected by bank, $2,782, including $63 interest. e. Bank debit memorandum for $223.40 NSF (not sufficient funds) check from Alice Martin, a customer. f. Checks outstanding, $3,415.80. Prepare a bank reconciliation on the basis of the preceding reconciling items. Exible Co. Bank Reconciliation June 30, 2018 $ Total $ $ $ $ Total $ $ $
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