Question: CHAPTERS & The Bunk statement er Central Co indicates a balance of $8,141 on June 30 The cash account general ledger on the company's records

 CHAPTERS & The Bunk statement er Central Co indicates a balanceof $8,141 on June 30 The cash account general ledger on the

CHAPTERS & The Bunk statement er Central Co indicates a balance of $8,141 on June 30 The cash account general ledger on the company's records had a balance of S3seo as of hne 30 Conparison of the bank statement, the canceled check nemorundums with the company records revealed the 16 and the tems outstading totaled $1.923 D A$1.100 deposit shown on the bank statement was erroneously let out of the cash account balance on the company's records A deposit made on June 30 of$750 was made too late to appear on th bank statement (C) The bank collected $2,500 for Central Co. on a note left for collection A degusit of $269 was incorrectly added by the bank as $296. Bank Service charges for June amounted to $30 (E) CENTRAL CO Bank Reconciliabon As of June 30 2018 BALANCE PER BANK STATEMENT ADD DEDUCT ADJUSTED BALANCE BALANCE PER DEPOSITOR'S RECORDS: ADD: DEDUCT: JUSTED BALANCE

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!