Using the following information: a. The bank statement balance is $2,936. b. The cash account balance is
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Question:
Using the following information:
a. The bank statement balance is $2,936.
b. The cash account balance is $3,194
c. Outstanding checks amounted to $465.
d. Deposits in transit are $655.
e. The banks service charge is $50.
f. A check for $97 for supplies was recorded as $79 in the ledger.
Prepare a bank reconciliation for Candace Co. for May 31.
Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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