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The following information pertains to Ivanhoe Company. 1. Cash balance per books, August 31, $7,424. 2. Cash balance per bank, August 31, $7,388. 3. Outstanding
The following information pertains to Ivanhoe Company. 1. Cash balance per books, August 31, $7,424. 2. Cash balance per bank, August 31, $7,388. 3. Outstanding checks, August 31, $691. 4. August bank service charge not recorded by the depositor $43. 5. Deposits in transit, August 31, $2,860. In addition, $2,176 collected for Ivanhoe Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Ivanhoe Company. Prepare a bank reconciliation at August 31, 2022. (List items that increase balance as per bank & books first.) IVANHOE COMPANY Bank Reconciliation Prepare a bank reconciliation at August 31, 2022. (List items that increase balance as per bank & books first.) IVANHOE COMPANY Bank Reconciliation
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