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The Cash account of Rettell Corporation had a balance of $3,460 at October 31, 2018 Included were outstanding checks totaling $1,700 and an October 31
The Cash account of Rettell Corporation had a balance of $3,460 at October 31, 2018 Included were outstanding checks totaling $1,700 and an October 31 deposit of $500 that did not appear on the bank statement. The bank statement, which came from Tumpike State Bank, listed an October 31 balance of $5,237. Included in the bank balance was an October 30 collection of $605 on account from a customer who pays the bank directly. The bank statement also showed a $13 service charge, $15 of interest revenue that Rettel earned on its bank balance, and an NSF check for $30. Read the requirement Prepare a bank reconciliation to determine how much cash Rettell actually had at October 31, (Indude the balances at October 31 in each of the addition subtotal calculations.) Rettell Corp Bank Reconciliation October 31, 2018 Bank Balance, October 31 Add Books Balance, October 31 Add Choose from any list or enter any number in the input fields and then click Check Answer Add: Add: Subtotal Subtotal Less: Less: Adjusted bank balance Adjusted book balance
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