Question

Beckett Co. received its bank statement for the month ending June 30, 2019. and reconciled the statement balance to the June 30, 2019, balance in the Cash account. The reconciled balance was determined to be $6.658. The reconciliation recognized the following items: 1. Deposits in transit were $3,426. 2. Outstanding checks totaled $2.744 3. Bank service charges shown as a deduction on the bank statement were $51. 4. An NSF check from a customer for $664 was included with the bank statement Beckett Co. had not been previously notified that the check had been returned NSF 5. Included in the canceled checks was a check written for $780. However, it had been recorded as a disbursement of $980 Required: Prepare the Bank reconciliation statement for the month ending June 30, 2019. Answer is not complete. BECKETT COMPANY Bank Reconciliation June 30, 2019 1 of 10 !!! Next >

Answer 1

Bank Reconciliation
June 30,2019
Balance per Bank		5976	Balance per Books		7173
Add:			Add:
Deposits in Transit	3426		Check recording error	200
		3426			200
		9402			7373
Deduct:			Deduct:
Outstanding checks	2744		NSF check	664
			Bank service charge	51
		2744			715
Reconciled balance		6658	Reconciled balance		6658