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Using the following information, prepare a bank reconciliation for Jax Company for June 30, 2020. a. The bank statement balance is $8,300. The cash account
Using the following information, prepare a bank reconciliation for Jax Company for June 30, 2020.
a. The bank statement balance is $8,300.
- The cash account balance is $6,562
- Outstanding checks totaled $1,950.
- Deposits in transit are $600.
- The bank service charge is $12.
- Collection of note by the bank, $400.
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Connect For Financial Accounting Fundamentals
Authors: Author
8th Edition
126411169X, 9781264111695
