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Using the following information: The bank statement balance is $3,876. The cash account balance is $3,930. Outstanding checks amounted to $798. Deposits in transit are
- Using the following information:
- The bank statement balance is $3,876.
- The cash account balance is $3,930.
- Outstanding checks amounted to $798.
- Deposits in transit are $660.
- The bank service charge is $183.
- A check for $74 for supplies was recorded as $65 in the ledger.
- Prepare a bank reconciliation for Miller Co. for August 31.
- Miller Co.
- Bank Reconciliation
- August 31Cash balance according to bank statement$Adjustments:
- $
- Total adjustmentsAdjusted balance$Cash balance according to company's records$Adjustments:
- $
- Total adjustmentsAdjusted balance$
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