Question: BANK RECONCILIATION PRACTICE PROBLEM: ABCINC. Sept. 30,2019 Eank statement had a batance of $S2,800 while the company's book balanwo was $1,400 at end of 5ept.30,2019.

BANK RECONCILIATION PRACTICE PROBLEM: ABCINC. Sept. 30,2019 Eank statement had a batance of $S2,800 while the company's book balanwo was $1,400 at end of 5ept.30,2019. The following were the transactians during the month: 1. Cheque n50 for $300 was outstanding 2. A deposit in transit for $500 at Sept.29, 2019 was not deposited in the bank as at end of the month 3. Cheque 456 for $1,000 did not clear the bankras at Sept,30,2019 4. Cheque # 60 for $100 was also outstanding at end of the month 5. The Bank deposited interest colfected on behalf of the company of 3000 on Sept. 18,2019 6. A service charge (DM) for $100 was charged by the Bank on Sept.17,201\%. Prepare a Bank Reconcilation for the companyas at Sept, 30, 2019 Bank Balance at end of month is $1,200; Book balance is $800. There was an outstanding deposit of $400 and an outstanding cheques of $600. In order for the Bank Reconciliation to balance, what amount should the bank interest deposited should be? Do not put any dollar sign or decimal places in your
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