Using the information in QS 6-12, prepare the adjusting journal entries that Organic Food Co. must record
Question:
Using the information in QS 6-12, prepare the adjusting journal entries that Organic Food Co. must record as a result of preparing the bank reconciliation.
QS 6-12
Organic Food Co.’s Cash account shows a $5,500 debit balance and its bank statement shows $5,160 on deposit at the close of business on August 31. Prepare a bank reconciliation using the following information.
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Debit Credit Cash 5160 Unrecorded Deposits 200 Outstanding Checks 340 Ban...View the full answer
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Related Book For 
Financial Accounting Information For Decisions
ISBN: 9781260705584
10th Edition
Authors: John J. Wild
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