Question: Check my work mode: This shows what is correct or incorrect for the work you have com The December bank statement and cash T-account for

 Check my work mode: This shows what is correct or incorrect
for the work you have com The December bank statement and cash

Check my work mode: This shows what is correct or incorrect for the work you have com The December bank statement and cash T-account for Stewart Company follow BANK STATEMENT Checks Deposits other Balance $48,000 40,380 67,830 53,930 89,930 88,970 $300 88,470 50 88,520 150 88,370 Date Dec. 1 6 $ 7,620 550 $28,000 17 13,900 23 26 30 19,200 19,000NSF 31 31 36,000 960 Interest earned Service charge NSF check from J. Left, a customer Dec. 1 Balance 48,000 Deposits Dec. 11 23 30 31 Checks written during December: 7,620 550 13,900 960 150 19,200 36, 000 19,000 13, 000 Dec. 31 Balance There were no deposits in transit or outstanding checks at November 30. 24 F3 F4 FS e7 Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not i Required information Answer is complete but not entirely correct. STEWART COMPANY Bank Reconciliation At Dec Bank Statement Company's Books Ending Balance Per Bank 88,370Ending Balance Per Cash Account s 97,120 C Deposit in Transit 13,000 Inberest Eaned $ 50 13,000 101,370 97.170 Deductions: Deductions: Outstanding Checks NSF J. Left 94,500 150 8 NSF-J. Lef Bank Service Charges 300 150 91 4,650 $ 96,720 Up-to-Date Cash Balance $ 96,720 Up-to Date Cash Balance 3 4 5 6 W E

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!