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Using the following information, prepare a bank reconciliation for Ivanhoe Company for May 31, 2022. a. The bank statement balance is $8,810. b. The cash
Using the following information, prepare a bank reconciliation for Ivanhoe Company for May 31, 2022. a. The bank statement balance is $8,810. b. The cash account balance is $6,770. c. Outstanding checks totaled $2,120. d. Deposits in transit are $620. e. The bank service charge is $10. f. Collection of note by the bank, $550. Ivanhoe Company Bank Reconciliation Save for Later Federal Tax Deposits Adjusted Cash Balance Per Bank Deposit in Transit Adjusted Cash Balance Per Books Deposits Income Federal Tax Deposits Outstanding Checks Bank Service Charge Cash Balance Per Bank Collection of a Note Save for Later
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