Bank statement balance | 2130 |
Add: Deposit in transit | 1080 |
Less: Outstanding check | -560 |
Adjusted balance | 2650 |
So answer is d) $2650
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Rollerball
USA
Bank Reconciliation
April 30, 2018
—————————-
Bank:
Balance, April 30 - $700
Add: Deposit in transit- 1805
=2505
less: outstanding checks -(614)
adjusted bank balance- 1891
Books:
Balance, April 30- 1925
Add: EFT collection- rent - 300
=2225
Less:
Correction of book error- 225
NSF Checks- 90
Charge for printed checks- 10
service charge- 9
=(334)
Adjusted book balance- 1891
Use the above bank statement information to fill in the cells.
Do entries for 1- record the EFT...
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