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The following data were accumulated for use in reconciling the bank account of Wolfpack Bread Inc. for August 2019: Cash balance according to the company's
The following data were accumulated for use in reconciling the bank account of Wolfpack Bread Inc. for August 2019: Cash balance according to the company's records at August 31, $6,865. b. Cash balance according to the bank statement at August 31, $9,165. Checks outstanding, $2,855. d. Deposit in transit, not recorded by bank, $1,075. A check for $280 issued in payment of an account to a supplier was erroneously recorded by Wolfpack Bread Inc. as $820. f. Bank debit memo for service charges, $20. Prepare a bank reconciliation, using the format shown in Exhibit 10
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