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The cash account shows a balance of $39400 before reconciliation. The bank statement does not include a deposit of $9500 made on the last day
The cash account shows a balance of $39400 before reconciliation. The bank statement does not include a deposit of $9500 made on the last day of the month. The bank statement shows a collection by the bank of $3910 and a customer's check for $1340 was returned because it was NSF. A customer's check for $1320 was recorded on the books as $1880, and a check written for $321 was recorded as $392. The correct balance in the cash account was $42459. $41481. $50981. $41339
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