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The information below relates to the Cash account in the ledger of Overit LLC Balance November 1 - $10,437.50; Balance November 30 - $31,755.50;
The information below relates to the Cash account in the ledger of Overit LLC Balance November 1 - $10,437.50; Balance November 30 - $31,755.50; Cash deposited - $50,000.00 Checks written - $80,820.75 The November bank statement shows a balance of $30,418.26 on November 30 and the following memoranda. Credits Collection of $3,200 note plus interest $33.75 Interest earned on checking account Debits 3,233.75 45.7 NSF check: Cleveland Inc. Safety deposit box rent 345.12 75 At November 30, deposits in transit were $7,542.12 and outstanding checks totaled $3,345.55. Instructions: Prepare the bank reconciliation at November 30 Cash balance per bank statement Overit LLC Bank Reconciliation 30-Nov Adjusted cash balance per bank Cash balance per books Adjusted cash balance per books
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