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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:

  1. The bank statement balance is $2,916.
  2. The cash account balance is $3,138.
  3. Outstanding checks amounted to $593.
  4. Deposits in transit are $617.
  5. The bank service charge is $189.
  6. 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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