Use the following bank statement and T account to identify outstanding checks that should be included in the May 31 bank reconciliation BANK STATEMENT Date Checks Other Balance 200 240 90 70 255 195 Deposits May 1 2 $10 4100 5 20 615 8 55 S 50 12 28 30 May 31 NSF Check $50 200 Service charge 5 Cash...

Use the following bank statement and T- account to identify outstanding checks that should be included in

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Use the following bank statement and T- account to identify outstanding checks that should be included in the May 31 bank reconciliation.

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Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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Question Posted: Nov 02, 2015 05:35 AM

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Use the following bank statement and T- account to identify outstanding checks that should be included in

Question:

BANK STATEMENT Date Checks Other Balance 200 240 90 70 255 195 Deposits May 1 #2 $10 #4100 #5 20 #615 #8 55 S 50 12 28 30 May 31 NSF Check $50 200 Service charge 5 Cash (A) May I May 3 200 50 I0 70 100 20 I5 200 25 150 55 May 382 May 4 #3 May 8 #4 May 11 #5 May 21 #6 May 29 #7 May 30 May 29 May 31

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Fundamentals of Financial Accounting

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