From the following bank statement, please (1) complete the bank reconciliation for Tony?s Deli found on the
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From the following bank statement, please (1) complete the bank reconciliation for Tony?s Deli found on the reverse of the following bank statement and (2) journalize the appropriate entries as needed.
1. A deposit of $2,000 is in transit.
2. Tony?s Deli has an ending checkbook balance of $5,760.
3. Checks outstanding: no. 111, $950; no. 119, $1,250; no. 121, $330.
4. Bob Ryan?s check for $100 bounced due to lack of sufficient funds.
5. Bank service charge $30.
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Related Book For
College Accounting A Practical Approach
ISBN: 9780134729312
14th Edition
Authors: Jeffrey Slater, Mike Deschamps
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