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Xaviers end of October bank statement has a balance of $6,540. His check book record shows a balance of $5,150. The bank statement contains $90

  1. Xaviers end of October bank statement has a balance of $6,540. His check book record shows a balance of $5,150. The bank statement contains $90 for interest earned and $420 deposit made by his friend, who owed him. The bank statement does not include checks Xavier wrote in the final days of October to pay bills. These checks total $880. Prepare bank reconciliation statement for Xavier showing the correct cash balance at the end of October.

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