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Using the following information, prepare a bank reconciliation for Young Co. for August 31, 2011: (a) The bank statement balance is $4,010 (b) The cash
Using the following information, prepare a bank reconciliation for Young Co. for August 31, 2011: (a) The bank statement balance is $4,010 (b) The cash account balance is $4,207. (c) Outstanding checks amounted to $517. (d) Deposits in transit are $633. (e) The bank service charge is $45. (f) A check for $84 for supplies was recorded as $48 in the ledger. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)
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