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the extra pictures are just showing tne drop down options Comprehensive Problem 3 Part 2: The following is a comprehensive problem which encompasses all of
the extra pictures are just showing tne drop down options Comprehensive Problem 3 Part 2: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. Note: You must complete part 1 before completing part 2. Based on the following data, prepare a bank reconciliation for December of the current year: a. Balance according to the bank statement at December 31, $283,000. b. Balance according to the ledger at December 31, $245,410. c. Checks outstanding at December 31, $68,540. d. Deposit in transit, not recorded by bank, $29,500. e. Bank debit memo for service charges, $750. f.A check for $12,700 in payment of an invoice was incorrectly recorded in the accounts as $12,000. Kornett Company Bank Reconciliation 31, Adjusted balance Deduct: Adjusted balance Previous Next C. Checks outstanding at December 31, $68,540. d. Deposit in transit, not recorded by bank, $29,500. e. Bank debit memo for service charges, $750. f. A check for $12,700 in payment of an invoice was incorrectly recorded in $12,000. Krnett company Bank Reconciliation December 31, 20Y8 Cash balance according to bank statement Cash balance according to company's records Cash Petty cash 5 Adjusted balance T.3 Previous All work saved. Email Instructor save and Exit Submit Test rch f. A check for $12,700 in payment of an invoice was incorrectly recor $12,000. Ko Bank Reconciliation December 31.20Y ett Compan Add error in recording check Add deposit in transit, not recorded by bank Cash Deduct deposit in transit, not recorded by bank Adjusted balance Prev All work saved. Email Instructor Save and Exit Subr Kornett C Bank Reco December Add error in recording check Add outstanding checks Deduct service charges Deduct outstanding checks Adjusted balance All work saved. Email Instructor Kornett Company Bank Reconciliation December 31, 20Y8 Adjusted balance Cash balance according to company's records Cash balance according to bank statement Deposits in transit Petty cash All work saved. Email Instructor Save and E Adjusted balance Deduct: Bank service charges Cash Deposit in transit, not recorded by bank Outstanding checks All work saved. Email Instructor S e Accounts receivable Error in recording check Outstanding checks Petty cash Adjusted balance All work saved. Email Instructor Sa
the extra pictures are just showing tne drop
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