A review of the March 30 bank statement and other data of Sunland Aviation revealed a...
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A review of the March 30 bank statement and other data of Sunland Aviation revealed a $15,244 balance at March 31 on the bank statement and $14,978 as the balance in the cash account in the company's ledger. In addition, the following information was determined: NSF Check from J. Beiber in payment of account $176 Collection of a customer electronic payment by the bank $2,068. 3. Deposits in transit at March 31 $2,742. 4. Outstanding checks at March 31 $1.,637. 5. A check written by Sunland to Copytronics for a copy machine repair on March 13 was recorded at $1,320 but correctly cleared the bank at $1.230. 6. A check drawn on the account of Halen Electronicsfor $611 was mistakenly charged against Sunland's account by the bank. 12 Question 10 of 14 -/13.6 E As of March 31, prepare the bank reconciliation for the month of March (omit heading). (List items that increase balance as per bank & books first.) Balance per bank statement Add v Deposits in transit A review of the March 30 bank statement and other data of Sunland Aviation revealed a $15,244 balance at March 31 on the bank statement and $14,978 as the balance in the cash account in the company's ledger. In addition, the following information was determined: NSF Check from J. Beiber in payment of account $176 Collection of a customer electronic payment by the bank $2,068. 3. Deposits in transit at March 31 $2,742. 4. Outstanding checks at March 31 $1.,637. 5. A check written by Sunland to Copytronics for a copy machine repair on March 13 was recorded at $1,320 but correctly cleared the bank at $1.230. 6. A check drawn on the account of Halen Electronicsfor $611 was mistakenly charged against Sunland's account by the bank. 12 Question 10 of 14 -/13.6 E As of March 31, prepare the bank reconciliation for the month of March (omit heading). (List items that increase balance as per bank & books first.) Balance per bank statement Add v Deposits in transit
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