Question

PROBLEM 3.0 POINTS Problem Requirements complete the Bank Heconciliation form below using the following March information No journal entry is required for this problem CASH BALANCES.331 Cash onlance lank Statement, or Bank 11.725 Cash Balance Company Books, or Book 10,480 RECONCILING ITEMS CHECKS MALLED ON MARCH 31 CHECK 4400 CHECK 2001 CHECK #402 > BANK SERVICE FEE NOT RECORDED ON BOOKS > CASH RECEIPT DEPOSITED IN NIGHT DEPOSITORY AND CREDITED TO BANK ACCOUNT ON APRIL 1 > INTEREST EARNED ON BANK ACCOUNT AND NOT RECORDED ON BOOKS 1 of 2 BANK RECONCILIATION FORM - MARCH BALANCE PER BANK STATEMENT RECONCILING ITEMS: BALANCE PER BOOKS RECONCILING ITEMS: 5:40 Done

Answer 1

Bank reconciliation form - March

Balance per bank statement	11,725	Balance per book	10,480
Reconciling item :		reconciling item :
Add:		Add :
Deposit in transit	150	Interest earned	45
	11,875		10,525
Less :		Less :
Outstanding checks
Check 400	-100	Bank service fee	-25
Check 401	-75
Check 402	-1,200
Adjusted cash bank	$10,500	Adjusted cash book	$10,500

kindly give a positive rating if you are satisfied with the solution. do comment if you have any query, Thanks.