Question: a Question 15 (4 points) Listen Using the following information, prepare a bank reconciliation for Cole Co. for April 30, 2020. (4 marks) Note: You

 a Question 15 (4 points) Listen Using the following information, prepare
a bank reconciliation for Cole Co. for April 30, 2020. (4 marks)

a Question 15 (4 points) Listen Using the following information, prepare a bank reconciliation for Cole Co. for April 30, 2020. (4 marks) Note: You must indicate what it is that you are adding/deducting, such as outstanding cheques, and not just add/subtract numbers as you need to show your logic. The balance per bank and balance per general ledger have already been included for you. 8 a. The bank statement balance is $2.936. b. The cash account balance is $3.194. Outstanding cheques amounted to 5465 d. Deposits in transit are $655. The bank service charge is $50. f. A cheque for $97 for supplies was incorrectly recorded as $79 in the general journal and ledger. + Balance pe lank 52.931 A 5 Detach itcoiled Balance 5.10 ale per general ledger hos Add

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!