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Using the following information, prepare a bank reconciliation. Bank balance: $4,178 Book balance: $1,850 Deposits in transit: $324 Bank charges: $25 Outstanding checks: $108 and
Using the following information, prepare a bank reconciliation. Bank balance: $4,178 Book balance: $1,850 Deposits in transit: $324 Bank charges: $25 Outstanding checks: $108 and $534 Notes receivable: $2,000; interest: $35 Bank Reconciliation Bank Statement Balance at (date) Add: Less: Adjusted Bank Balance Book Balance at (date) Add: Less: Adjusted Book Balance
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