The following data were gathered to use in reconciling the bank account of Eves Company: Balance per

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The following data were gathered to use in reconciling the bank account of Eves Company:

Balance per bank ...........$13,450

Balance per company records...... 11,655

Bank service charges.......... 45

Deposit in transit ............. 3,000

NSF check ............. 1,800

Outstanding checks ......... 6,640


a. What is the adjusted balance on the bank reconciliation?

b. Journalize any necessary entries for Eves Company based on the bank reconciliation.


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Corporate Financial Accounting

ISBN: 978-1133952411

12th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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