Bank reconciliation Prepare a bank reconciliation as of August 31 from the following information:
a. The August 31 balance shown on the bank statement is $9,810.
b. There is a deposit in transit of $1,260 at August 31.
c. Outstanding checks at August 31 totaled $1,890.
d. Interest credited to the account during August but not recorded on the company’s books amounted to $108.
e. A bank charge of $36 for checks was made to the account during August. Although the company was expecting a charge, its amount was not known until the bank statement arrived.
f. In the process of reviewing the canceled checks, it was determined that a check issued to a supplier in payment of accounts payable of $631 had been recorded as a disbursement of $361.
g. The August 31 balance in the general ledger Cash account, before reconciliation, is $9,378.
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.