Question: 4 10.00 points Exercise 8-11 Bank reconciliation LO P3 Wright Company deposits all cash receipts on the day when they are received and it makes

 4 10.00 points Exercise 8-11 Bank reconciliation LO P3 Wright Company

4 10.00 points Exercise 8-11 Bank reconciliation LO P3 Wright Company deposits all cash receipts on the day when they are received and it makes all cash ments by check At the close of business on May 31, 2015, is Cash account shows a $28.300 debit balance. The company's May 31 bank statement shows $26,600 on deposit in the bank a. The May 31 bank statement included a $140 debit memorandum for bank services, t the company has not yet recorded the cost of these services b. Outstanding checks as of May 31 total $6,000 c. May 31 cash receipts of $6.600 were placed in the bank's night depository after banking hours and were d. le revilewing the bank statement, a $440 check writen by Smith Company was mistakenly dram againt e. A debit memorandum for $520 reflers to a $520 NSF check from a customer, the company has not yet not recorded on the May 31 bank statement Wright's account recorded this NSF check Prepare a bank reconcillation for the company using the above Information Bank Reconciliation May 31,2015 Bank statement balance Add Book balance Add Deduct Deduct Adjusted bank balance Adjusted book balance Type here to search BK33

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