The following data were gathered to use in reconciling the bank account of Crescent Moon Company: Balance

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The following data were gathered to use in reconciling the bank account of Crescent Moon Company:

Balance per bank $11,200

Balance per company records 9,295

Bank service charges 25

Deposit in transit 1,650

NSF check 600

Outstanding checks 4,180

a. What is the adjusted balance on the bank reconciliation?

b. Journalize any necessary entries for Crescent Moon Company based on the bank reconciliation.

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Aug 27, 2011 10:50 AM

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The following data were gathered to use in reconciling the bank account of Crescent Moon Company: Balance

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Accounting

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