Question: assume boxes are blank This Question: 18 pts Harry McCall operates a roller skating center, McCall Rinks. He has just received the company's monthly the



This Question: 18 pts Harry McCall operates a roller skating center, McCall Rinks. He has just received the company's monthly the statement are an EFT rent collection of $305, a service charge of $7, two NSF checks totaling $120. a February 28 deposit in transit of $1,775. During February, he recorded a $270 check for the salary of a Read the requirement Prepare the Bank section, then the Book section of the bank reconciliation to determine how much cash box is not used in the table leave the box empty, do not select a label or enter a zero.) McCall Rinks USA Bank Reconciliation February 28, 2018 Bank: Balance, February 28, 2018 Add Deposit in transit Subtotal Less Outstanding checks 755 1775 2530 -612 Adjusted bank balance February 28, 2018 1918 ompany's monthly bank statement at February 28 from Ridgeway National Bank, and the statement shows an ending balance of $755. Listed on Ses totaling $120, and a $9 charge for printed checks. In reviewing his cash records, McCall identifies outstanding checks totaling $612 and or the salary of a part-time employee as $27. McCall's Cash account shows a February 28 cash balance of $1,992 how much cash McCall actually has at February 28. (Include the balances at February 28 in each of the addition subtotal calculations. If a 755 1775 Bank: Balance, February 28, 2018 Add Deposit in transit Subtotal Less: Outstanding checks 2530 -612 1918 Adjusted bank balance. February 28, 2018 Books: 1992 Balance February 28, 2018 Add: EFT collection - rent 305 Subtotal Subtotal Less NSF checks Service charge Charge for printed checks McCall's actual cash balance at February 28 is $ Phone
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
