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The following is information gathered from the books and bank statement of Melissa's Deli at October 31 (1) Melissa's deli received its bank statement, which
The following is information gathered from the books and bank statement of Melissa's Deli at October 31 (1) Melissa's deli received its bank statement, which showed a balance of $7,370 (2) The bank statement included service charges of $24 (3) The bank statement showed the collection of a note BANK RECONCILIATION AS OF BALANCE PER BANK CHECKBOOK BALANCE Bank Statement Balance Checkbook Balance receivable. The note was for $1,500 and interest .on the note was $150 Add: Add (4) Checks outstanding totaled S635 The bank statement included a $40 charge for a safety deposit box rented to Meliton Company. This had erroneously been charged to Melissa's account. Deduct: (5) Deduct: (6) There was a deposit in transit for $1,210 (7 A check was returmed marked NSF. The check, in the amount of $57, had been given to Melissa's by a customer, John Gurley Reconciled Balance Reconciled Balance Melissa erroneously recorded check #107 (written for supplies) as $59 when the amount on the check was $95 (8) (9) The balance per Melissa's books was $6,452. Prpare a bank reconciliation and any required adjusting entries based on the data above
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