Question: Bardash Corporation has just received its checking account statement for the month ended September 30. The banks statement of account showed the following: The bank
Bardash Corporation has just received its checking account statement for the month ended September 30. The banks statement of account showed the following: The bank had not yet reported a deposit of $50 made on September 29 and a Bardash check for $200 had not cleared us account. Bardash's September 50 Cash balance was $759. The company's accountant discovered that one of Bardash's checks for $19 paid on account to a supplier had been recorded as $10. Complete the September bank reconciliation. What adjustments, if any, does Bardash need to make? Why is it important for individuals and businesses to prepare a bank reconciliation each month
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