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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

  1. Using the following information:

    1. The bank statement balance is $3,783.
    2. The cash account balance is $3,863.
    3. Outstanding checks amounted to $705.
    4. Deposits in transit are $666.
    5. The bank service charge is $110.
    6. 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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