Refer to the bank reconciliation prepared in BE7-9. Prepare the adjusting journal entries for Howel Company on
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Refer to BE7-9.
On August 31, Howel Company had an unadjusted cash balance of $10,050. An examination of the August bank statement shows a balance of $8,370 on August 31; bank service charges $40; deposits in transit $3,005; interest earned $22; outstanding cheques $1,623; and an NSF cheque of $280. Prepare a bank reconciliation at August 31?
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Accounting Principles Part 1
ISBN: 978-1118306789
6th Canadian edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
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