The following information was obtained from the books of Burghduff Products for the month of March: 1.
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The following information was obtained from the books of Burghduff Products for the month of March:1. The reconciliation on February 28 included the following two items: Outstanding check number 412 $358 Deposit in transit $2652. The service charge includes a $40 fee for the nonsufficient funds check.3. The nonsufficient funds check from Mark Edgerston was included in Burghduff Products’ deposit on March 14.Required: Prepare the bank reconciliation for March.
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Cash Account Information: Cash Receipts Date Mar. 4 Mar. 8. Mar. 14 Mar. 20 Mar. 25 Mar. 31 Amount $ 282.00 187.00 329.00 256.00 342.00 319.00 Balance on February 28 $2,223.00 Receipts 1,715.00 Payments 2,015.00 Balance on March 31 $ ?? Date Mar. 3 Mar. 9 Mar. 13 Mar. 18 Mar. 21 Mar. 28 Mar. 29 Mar. 31 Cash Payments Check Number 415 416 417 418 419 420 421 422 Amount $ 357.00 88.00 106.00 335.00 59.00 450.00 250.00 370.00
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Bank Reconciliation for March Balance per bank statement on March 31 202900 Add Deposit in transit ...View the full answer
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Related Book For
Introduction To AccountingAn Integrated Approach
ISBN: 9781119600107
8th Edition
Authors: Penne Ainsworth, Dan Deines
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