Question: Accounting Theory & Applications I - ACC100 ACC106 - (Fall 2021) Time left 1:47:50 estion 3 Fet ered d out of The following information

Accounting Theory & Applications I - ACC100 ACC106 - (Fall 2021) Time

Accounting Theory & Applications I - ACC100 ACC106 - (Fall 2021) Time left 1:47:50 estion 3 Fet ered d out of The following information pertains to Alhemka Company . Cash balance per bank, December 31, $3,000. Cash balance per books, December 31, $3,500. Deposits in transit, December 31, $1,500 Outstanding checks, December 31, $600 . Bank collected $500 note for Alhemka in December. However, this collection has not been recorded by Alhemka. . December bank service charge not recorded by Alhemka Company $100 Required Prepare the bank reconciliation statement. (10 marks: 5 marks for adjusted cash balance per books and marks for adjusted cash balance per bank statement. Format BIEE Balance per bank statement

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