Using the following information, prepare a bank reconciliation. Bank balance: $3,678 Book balance: $2,547
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Using the following information, prepare a bank reconciliation.
• Bank balance: $3,678
• Book balance: $2,547
• Deposits in transit: $321
• Outstanding checks: $108 and $334
• Bank charges: $25
• Notes receivable: $1,000; interest: $35
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Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
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