don wyatt is unable to reconcile the bank balance at

Project Description:

don wyatt is unable to reconcile the bank balance at january 31. don’s reconciliation is as follows.cash balance per bank …………………………… $3,560.20add: nsf check ………………………………… 490.00less: bank service charge ………………………. 25.00adjusted balance per bank ……………………… $4,025.20cash balance per books …………………………. $3,875.20less: deposits in transit …………………………. 530.00add: outstanding checks ……………………….. 730.00adjusted balance per books …………………….. $4,075.20instructions(a) prepare a correct bank reconciliation.(b) journalize the entries required by the reconciliation.
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Price Type: Negotiable

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