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Fill in the missing amounts for the following bank reconciliation: Bank reconciliation March 31, 20-- Bank...

Fill in the missing amounts for the following bank reconciliation:

Bank reconciliation
March 31, 20--
Bank statement Balance $5,429
Add: Deposit in transit
$5,795
Deduct: Outstanding checks
    No. 211 $302
    No. 225
    No. 228 448 1,221
Adjusted Bank Statement Balance $
        
Ledger Balance of Cash $4,080
Add: Note collected by bank 622
$
Deduct: Bank service and collection charges $
        NSF check from customer 105 128
Adjusted Ledger Balance of Cash $
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Answer #1

Fill in the missing amounts for the following bank reconciliation:

Calculate following

Bank reconciliation
March 31, 20--
Bank statement Balance $5,429
Add: Deposit in transit
$5,795
Deduct: Outstanding checks
    No. 211 $302
    No. 225 (1221-302-448) 471
    No. 228 448 1,221
Adjusted Bank Statement Balance (5429+5795-1221) $10003
        
Ledger Balance of Cash $4,080
Add: Note collected by bank 622
$5429
Deduct: Bank service and collection charges (128-105) $23
        NSF check from customer 105 128
Adjusted Ledger Balance of Cash $10003
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