Referring to Randolph Electric in BE7-12, Jayden indicates on December 31 the unadjusted balance per his books

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Referring to Randolph Electric in BE7-12, Jayden indicates on December 31 the unadjusted balance per his books is $8,758 and the unadjusted balance on his bank statement is $6,653. Prepare a bank reconciliation.

In BE7-12

Outstanding cheques of $1,200

Deposits in transit of $5,250

Debit memorandum for bank service charge of $25

EFT of $1,970 from a customer for goods received

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Accounting Principles

ISBN: 978-1119048503

7th Canadian Edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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Question Posted: May 16, 2017 10:27 AM

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Referring to Randolph Electric in BE7-12, Jayden indicates on December 31 the unadjusted balance per his books

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Randolph Electric Bank Reconciliation December 31 ...View the full answer

Accounting Principles

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