Prepare the journal entry to reconcile the bank statement in EB7. Data from in EB7 Using the
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Prepare the journal entry to reconcile the bank statement in EB7.
Data from in EB7
Using the following information, prepare a bank reconciliation.
• Bank balance: $4,021
• Book balance: $2,928
• Deposits in transit: $1,111
• Outstanding checks: $679
• Bank charges: $35
• Notes receivable: $1,325; interest: $235
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Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
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