The cash account for American Medical Co. at April 30 indicated a balance of $10,785. The bank statement indicated a balance of $12,410 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items:
American Medical Co | |
Bank Reconciliation | |
April 30 | |
Balance per Bank | $12,410 |
Add: Deposit in transit | $4,650 |
Bank Error | $540 |
$17,600 | |
Less: Outstanding checks | $4,470 |
Adjusted Balance per bank | $13,130 |
Balance per Book | $10,785 |
Add: Note collected by bank (Including Interest) | $2,420 |
$13,205 | |
Less: Bank service charges | $35 |
Company Error | $40 |
Adjusted Balance per book | $13,130 |
The cash account for American Medical Co. at April 30 indicated a balance of $10,785. The...
The cash account for American Medical Co. at April 30 indicated a balance of $12,135. The bank statement indicated a balance of $14,150 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: Checks outstanding totaled $5,090. A deposit of $5,310, representing receipts of April 30, had been made too late to appear on the bank statement. The bank collected $2,760 on a $2,620 note, including interest of...
The cash account for American Medical Co. at April 30 indicated a balance of $13,970. The bank statement indicated a balance of $16,570 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: Checks outstanding totaled $5,970. A deposit of $6,210, representing receipts of April 30, had been made too late to appear on the bank statement. The bank collected $3,230 on a $3,070 note, including interest of...
Bank Reconciliation and Entries The cash account for American Medical Co. at April 30 indicated a balance of $11,320. The bank statement indicated a balance of $13,120 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: Checks outstanding totaled $4,720. A deposit of $4,920, representing receipts of April 30, had been made too late to appear on the bank statement. The bank collected $2,560 on a $2,430...
Bank Reconciliation and Entries The cash account for American Medical Co. at April 30 indicated a balance of $10,945. The bank statement indicated a balance of $12,340 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: a. Checks outstanding totaled $4,440. b. A deposit of $4,630, representing receipts of April 30, had been made too late to appear on the bank statement. c. The bank collected $2,410...
Bank Reconciliation and Entries The cash account for American Medical Co. at April 30 indicated a balance of $8,960. The bank statement indicated a balance of $10,190 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: A. Checks outstanding totaled $3,670. B. A deposit of $3,820, representing receipts of April 30, had been made too late to appear on the bank statement. C. The bank collected $1,990...
The cash account for American Medical Co. at April 30 indicated a balance of $334,985. The bank statement indicated a balance of $388,600 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: A. Checks outstanding totaled $61,280. B. A deposit of $42,500, representing receipts of April 30, had been made too late to appear on the bank statement. C. The bank collected $42,000 on a $40,000 note,...
Bank Reconciliation and Entries The cash account for American Medical Co. at April 30 indicated a balance of $10,205. The bank statement indicated a balance of $11,690 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: a. Checks outstanding totaled $4,210. b. A deposit of $4,380, representing receipts of April 30, had been made too late to appear on the bank statement. c. The bank collected $2,280...
The cash account for American Medical Co. at April 30 indicated a balance of $84,457. The bank statement indicated a balance of $127,190 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: A. Checks outstanding totaled $33,310. B. A deposit of $17,610, representing receipts of April 30, had been made too late to appear on the bank statement C. The bank collected $28,248 on a $26,400 note,...
The cash account for American Medical Co. at April 30 indicated a balance of $89,775. The bank statement indicated a balance of $125,160 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: A. Checks outstanding totaled $31,540. B. A deposit of $18,000, representing receipts of April 30, had been made too late to appear on the bank statement. C. The bank collected $24,075 on a $22,500 note,...
The cash account for American Medical Co. at April 30 indicated a balance of $97,456. The bank statement indicated a balance of $127,960 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: A. Checks outstanding totaled $30,050. B. A deposit of $19,720, representing receipts of April 30, had been made too late to appear on the bank statement. C. The bank collected $22,149 on a $20,700 note,...