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The following data have been gathered for Neddick Corporation for the month ended September 30, 2018. Prepare a bank reconciliation and any associated journal entries
The following data have been gathered for Neddick Corporation for the month ended September 30, 2018. Prepare a bank reconciliation and any associated journal entries based on the following information. 1. The bank statement reveals a balance of S3,536 The September 30, 2018 book balance was S3,200 There was an EFT deposit of S1,800 on the bank statement for monthly rent from a tenant. . The bookkeeper erroneously recorded a $500 check as S50. The check was to settle an accounts payable The bank statement revealed S50 in service charges . Check #1572 for $260 and check #1606 for S285 were still outstanding as of the statement date A deposit made on Sep 29 for S1250 did not appear on the bank statement. A bank debit memo indicated a $259 NSF check from a customer on account
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