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The following information is available for the Wolverine Company for the month of June. a. On June 30, after all transactions have been recorded,
The following information is available for the Wolverine Company for the month of June. a. On June 30, after all transactions have been recorded, the balance in the company's Cash account has a balance of $17.202. b. The company's bank statement shows a balance on June 30 of $19.279. c. Outstanding checks at June 30 total $2,984. d. The bank collected $770 on a note receivable that is not yet recorded by Wolverine Company. e. A $67 NSF check from a customer, J. Maroon is shown on the bank statement but not yet recorded by the company. f. A deposit placed in the bank's night depository on June 30 totaling $1.675 did not appear on the bank statement. g. Check #3445 for the payment of an account payable was correctly written for $2,450, but was recorded in the accounting records as $2,540. h. Included with the bank statement was a bank service charge in the amount of $25.It has not been recorded on the company's books. 1. Prepare the June bank reconciliation for the Wolverine Company.
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