Question: Prepare a tabular analysis for the necessary adjustments. Include margin explanations for the changes in revenues and expenses. SANDHILL CO. Bank Reconciliation May 31, 2017
SANDHILL CO. Bank Reconciliation May 31, 2017 Cash balance per bank statement 7118 Add Deposits in transit 1894.15 Bank error 346 2240.15 9358.15 Outstanding checks 285.25 9072.90 Adjusted cash balance per bank Cash balance per books 6888.90 Add Electronic funds transfer received 2854 9742.90 Less NSF check 530 Check printing charge Error in deposit Error in recording check 50 36 670 9072.90 Adjusted cash balance per books
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
