Question: need help with a question for class. thank you PROBLEM (23 Points) At March 31, the balance of the Cash account according to the records
PROBLEM (23 Points) At March 31, the balance of the Cash account according to the records of Proton Company was $9,477. The March 31 bank statement showed a balance of $7,743. You are to prepare the bank reconciliation of Proton Company at March 31, using the following supplementary information: (a.) Deposit in transit at March 31, $3,879. (b.) Outstanding checks: no. 121, $888; no. 127, $777; no. 134, $1,631. (c.) Service charge by bank, $25. (d.) Proton Company earned $41 interest on their account in March. (e.) A check received by Proton Company for $897 from customer, Stuart Sands, was returned by the bank with the notation "NSF." (f.) Proton's check no. 480, issued in payment of $523 worth of office supplies, was incorrectly recorded in Proton's accounting records as $253
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