Prepare the journal entry to reconcile the bank statement in EB7. Data from in EB7 Using the

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Prepare the journal entry to reconcile the bank statement in EB7.

Data from in EB7

Using the following information, prepare a bank reconciliation.
• Bank balance: $4,021
• Book balance: $2,928
• Deposits in transit: $1,111
• Outstanding checks: $679
• Bank charges: $35
• Notes receivable: $1,325; interest: $235

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Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

1st Edition

Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax

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Question Posted: Aug 15, 2022 02:23 AM

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Prepare the journal entry to reconcile the bank statement in EB7. Data from in EB7 Using the

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Principles Of Accounting Volume 1 Financial Accounting

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