Question

The following data were accumulated for use in reconciling the bank account of Commander Co. for March:
a. Cash balance according to the company’s records at March 31, $13,065.
b. Cash balance according to the bank statement at March 31, $12,750.
c. Checks outstanding, $4,170.
d. Deposit in transit, not recorded by bank, $5,100.
e. A check for $180 in payment of an account was erroneously recorded in the check register as $810.
f. Bank debit memo for service charges, $15.
Prepare a bank reconciliation, using the format shown in Exhibit 7.




$1.99
Sales5
Views302
Comments0
  • CreatedDecember 10, 2011
  • Files Included
Post your question
5000