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Uabe X, X A A 3 : Styles Sty Pal mate and Edit Buy Office or sign in to activate Office if you've already bought
Uabe X, X A A 3 : Styles Sty Pal mate and Edit Buy Office or sign in to activate Office if you've already bought it. QUESTION 1 The following data have been gathered for ILIKAI COMPANY to assist you in preparing the March 31, 2020, bank reconciliation: a) The March 31 bank balance was $4,000. b) The bank statement included $30 of service charges. c) There was an EFT deposit of $900 on the bank statement for the monthly rent due from a tenant. d) Cheques #541 and #543 for $205 and $320, respectively, were not among the cancelled cheques returned with the statement. e) The March 31 deposit of $4,435 did not appear on the bank statement. f) The bookkeeper had erroneously recorded a $500 cheque as $5,000. The cheque was written to a vendor to pay off an accounts payable. g) Included with the cancelled cheques was a cheque written by another company for $200, which was deducted from ILIKAI COMPANY'S account. h) The bank statement included an NSF cheque written by Maxie Company for a $460 payment on account. i) The cash account showed a balance of $3,200 on March 31. Prepare the March 31, 2020, bank reconciliation for ILIKAI COMPANY
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