Question: Canes Constructions checkbook lists the following: Canes Constructions April bank statement shows the following: Requirements 1. Prepare Canes Constructions bank reconciliation on April 30, 2012.
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Canes Constructions April bank statement shows the following:
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Requirements
1. Prepare Canes Constructions bank reconciliation on April 30, 2012. How much cash does Canes Construction actually have on April 30?
2. Prepare all necessary journal entries for Canes Construction to update the Cash account as a result of the bankreconciliation.
Date Check No. Item Check Deposit Balance $1,415 1,405 1,745 1,704 1,647 1,498 1.308 781 ,876 $ 10 5922 Westin Kitchen 10 14 923 Best Products 15 924 Fergus (payment on account 19 925 Cash 27 926 Office Supply 28 927 James Town Properties 30 Dividends received S 340 41 57 149 190 527 Monthly Sales 4,095 Bal, Apr 1 Deposits Checks $1,415 340 No. Amount 922 10 923 924 925 41 75 149 (275) Other Charges: Printed checks Service charge S23 16 Bal, Apr 30 1,441 This amountcorrect for theck nn 924.
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