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Using the following information: The bank statement balance is $2,916. The cash account balance is $3,138. Outstanding checks amounted to $593. Deposits in transit are
Using the following information:
- The bank statement balance is $2,916.
- The cash account balance is $3,138.
- Outstanding checks amounted to $593.
- Deposits in transit are $617.
- The bank service charge is $189.
- A check for $31 for supplies was recorded as $22 in the ledger.
Prepare a bank reconciliation for Miller Co. for August 31.
Miller Co. Bank Reconciliation August 31 | ||
Cash balance according to bank statement | $fill in the blank 1 | |
Adjustments: | ||
$fill in the blank 3 | ||
fill in the blank 5 | ||
Total adjustments | fill in the blank 6 | |
Adjusted balance | $fill in the blank 7 | |
Cash balance according to company's records | $fill in the blank 8 | |
Adjustments: | ||
$fill in the blank 10 | ||
fill in the blank 12 | ||
Total adjustments | fill in the blank 13 | |
Adjusted balance | $fill in the blank 14 |
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