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Whight Company cash account shows a $30,500 debit balance and its bank statement shows $28, aco on deposit at the cione of. business on May
Whight Company cash account shows a $30,500 debit balance and its bank statement shows $28, aco on deposit at the cione of. business on May 31 . a. The May 3t bank statement Hists $280 in bank service charges, the company has not yet recorded the cost of these services b. May 31 cans recelpts of $7700 were placed in the bonks night depository after banking hours and were not recorded on une May 31 bank statement. d. In reviewing the bank stotement, a $550 check written by 5 mith Company was mistakenly drawn agairist Wrights account. e. The bank statement shows a $300 NSF check from a customer, the company has not yet recorded this NSF check. Propare its bank reconciliation using the above information
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