Question: Exercise/Other 1. Using the following information, prepare a bank re ing information, prepare a bank reconciliation for Young Co. for August 31, 2009: (a) The

Exercise/Other 1. Using the following information, prepare a bank re ing information, prepare a bank reconciliation for Young Co. for August 31, 2009: (a) The bank statement balance is $4,010 (b) The cash account balance is $4,207 (c) Outstanding checks amounted to $517 (d) Deposits in transit are $633. (e) The bank service charge is $45. ( A check for $84 for supplies was recorded as $48 in the ledger

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