Question
The following bank reconciliation was prepared on 9/30. Balance per books $9,234 Balance per bank $7,567 Additions: Additions: Note collected 500 9,734 Deposits in transit
The following bank reconciliation was prepared on 9/30.
Balance per books $9,234 Balance per bank $7,567
Additions: Additions: Note collected 500 9,734 Deposits in transit 4,892
Deductions: Deductions: Service Charge 75 Outstanding checks 3,100 NSF check 300 375
Adjusted balance $9,359 Adjusted balance $9,359
Required: Prepare the necessary journal entries for this reconciliation.
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Short Term Financial Management
Authors: John Zietlow, Matthew Hill, Terry Maness
5th Edition
1516512405, 9781516512409
