Question
Using the following information, prepare a bank reconciliation for Crane Company for July 31, 2022. a. The bank statement balance is $3,510. b. The cash
Using the following information, prepare a bank reconciliation for Crane Company for July 31, 2022.
a. | The bank statement balance is $3,510. | ||
b. | The cash account balance is $4,050. | ||
c. | Outstanding checks totaled $1,240. | ||
d. | Deposits in transit are $1,690. | ||
e. | The bank service charge is $81. | ||
f. | A check for $76 for supplies was recorded as $67 in the ledger. |
Crane Company Bank Reconciliation For the Month Ended July 31, 2022July 31, 2022For the Year Ended July 31, 2022 | |||||
---|---|---|---|---|---|
select an opening name for section one Federal Tax DepositsCheck for Supplies ErrorCash Balance Per BankAdjusted Cash Balance Per BankDeposit in TransitOutstanding ChecksBank Service ChargeAdjusted Cash Balance Per Books | $enter a dollar amount | ||||
select between addition and deduction AddLess : select a reconciling itemAdjusted Cash Balance Per BankDeposit in TransitOutstanding ChecksCash Balance Per BankAdjusted Cash Balance Per BooksCheck for Supplies ErrorFederal Tax DepositsBank Service Charge | enter a dollar amount | ||||
enter a subtotal of the two previous amounts | |||||
select between addition and deduction AddLess : select a reconciling itemDeposit in TransitFederal Tax DepositsBank Service ChargeAdjusted Cash Balance Per BankCash Balance Per BankOutstanding ChecksAdjusted Cash Balance Per BooksCheck for Supplies Error | enter a dollar amount | ||||
select a closing name for section one Deposit in TransitBank Service ChargeOutstanding ChecksAdjusted Cash Balance Per BankFederal Tax DepositsCash Balance Per BankAdjusted Cash Balance Per BooksCheck for Supplies Error | $enter a total amount for the first section | ||||
select an opening name for section two Federal Tax DepositsAdjusted Cash Balance Per BooksOutstanding ChecksCheck for Supplies ErrorBank Service ChargeAdjusted Cash Balance Per BankCash Balance Per BooksDeposit in Transit | $enter a dollar amount | ||||
select between addition and deduction AddLess : | |||||
select a reconciling item Outstanding Checks Adjusted Cash Balance Per Bank Deposit in Transit Bank Service Charge Adjusted Cash Balance Per Books Cash Balance Per Books Check for Supplies Error Federal Tax Deposits | $enter a dollar amount | ||||
select a reconciling item Deposit in Transit Federal Tax Deposits Check for Supplies Error Adjusted Cash Balance Per Books Adjusted Cash Balance Per Bank Bank Service Charge Cash Balance Per Books Outstanding Checks | enter a dollar amount | ||||
enter a subtotal of the two previous amounts | |||||
select a closing name for section two Adjusted Cash Balance Per BooksBank Service ChargeCheck for Supplies ErrorFederal Tax DepositsAdjusted Cash Balance Per BankDeposit in TransitCash Balance Per BooksOutstanding Checks | $enter a total amount for the second section |
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