Blossom Wyatt is unable to reconcile the bank balance at January 31. Blossoms reconciliation is as follows.
Fantastic news! We've Found the answer you've been seeking!
Question:
Blossom Wyatt is unable to reconcile the bank balance at January 31. Blossom’s reconciliation is as follows.
Cash balance per bank | $3,340.34 | |
Add: NSF cheque | 560.16 | |
Less: Bank service charge | 29.09 | |
Adjusted balance per bank | $3,871.41 | |
Cash | $3,829.69 | |
Less: Deposits in transit | 620.12 | |
Add: Outstanding cheques | 720.02 | |
Adjusted balance per books | $3,929.59 |
Related Book For
Accounting Principles
ISBN: 978-1118342190
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
Posted Date: