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Using the following information: The bank statement balance is $3,783. The cash account balance is $3,863. Outstanding checks amounted to $705. Deposits in transit are
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Using the following information:
- The bank statement balance is $3,783.
- The cash account balance is $3,863.
- Outstanding checks amounted to $705.
- Deposits in transit are $666.
- The bank service charge is $110.
- A check for $32 for supplies was recorded as $23 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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