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Using the following information: a. The bank statement balance is $3,163. b. The cash account balance is $3,659. c. Outstanding checks amounted to $567.
Using the following information: a. The bank statement balance is $3,163. b. The cash account balance is $3,659. c. Outstanding checks amounted to $567. d. Deposits in transit are $862. e. The bank service charge is $192. f. A check for $76 for supplies was recorded as $67 in the ledger. Prepare a bank reconciliation for Miller Co. for August 31. Miller Co. Bank Reconciliation August 31 Cash balance according to bank statement Adjustments: Deposits in transit not recorded by bank Outstanding checks Total adjustments Adjusted balance Cash balance according to company's records Adjustments: Bank service charge Error in recording Total adjustments Adjusted balance 862 567 192 9 3,163 862 Q
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