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The cash account for Deaver Consulting at Uctober 31, 20 6 , indicated a balanc a. Checks outstanding totaled $4,380. b. A deposit of $4,570,

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The cash account for Deaver Consulting at Uctober 31, 20 6 , indicated a balanc a. Checks outstanding totaled $4,380. b. A deposit of $4,570, representing receipts from October 31 , had been made c. The bank had collected $2,380 on a note left for collection. The face of the no d. A check for $550 returned with the statement had been incorrectly recorded e. A check drawn for $530 had been incorrectly charged by the bank as $30. f. Bank service charges for October amounted to $30. Instructions: 1. Prepare a bank reconciliation. 2. Hllustrate the efects on the ecrecints and finamolal statements of the bark reconcil Increases to Cash: 2. Illustrate the effects on the accounts and financial statements of the bank reconciliation: If no account or activity is affected, select "No effect" from the drop Increases to Cash: Decreases to Cash: The cash account for Deaver Consulting at Uctober 31, 20 6 , indicated a balanc a. Checks outstanding totaled $4,380. b. A deposit of $4,570, representing receipts from October 31 , had been made c. The bank had collected $2,380 on a note left for collection. The face of the no d. A check for $550 returned with the statement had been incorrectly recorded e. A check drawn for $530 had been incorrectly charged by the bank as $30. f. Bank service charges for October amounted to $30. Instructions: 1. Prepare a bank reconciliation. 2. Hllustrate the efects on the ecrecints and finamolal statements of the bark reconcil Increases to Cash: 2. Illustrate the effects on the accounts and financial statements of the bank reconciliation: If no account or activity is affected, select "No effect" from the drop Increases to Cash: Decreases to Cash

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