Question: LO 8 . 6 Using the following information, prepare a bank reconciliation. Bank balance: $ 3 , 7 0 0 Book balance: $ 3 ,
LO Using the following information, prepare a bank reconciliation.
Bank balance: $
Book balance: $
Deposits in transit: $
Outstanding checks: $B and $
Bank charges: $
Interest earned: $
tabletableBank Statement Balance at monthend:$ type your answer...,tableBook Balance atmonth end:$ type your answer.Deposits in Transit,type your answer...,Interest Earned,type your answer...Outstanding Checks,type your answer...,Bank Charges,type your answer..Adjusted Bank Balance,$ type your answer...,tableAdjusted BookBalance$ type your answer..
After reconciling the bank account, the Accountant would record a journal entry that would choose your answer.Bank Charges expense for $ Interest Revenue for $ and choose your answer. Cashfors $
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
