Prepare the bank reconciliation statement for the month ending June 30, 2019. Beckett Co. received its bank
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Prepare the bank reconciliation statement for the month ending June 30, 2019.
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Beckett Co. received its bank statement for the month ending June 30, 2019, and reconciled the statement balance to the June 30, 2019, balance in the Cash account. The reconciled balance was determined to be $6,081 The reconciliation recognized the following items. 1. Deposits in transit were $3,472 2. Outstanding checks totaled $2.594. 3. Bank service charges shown as a deduction on the bank statement were $71 4. An NSF check from a customer for $626 was included with the bank statement Beckett Co. had not been previously notified that the check had been returned NSF. 5. Included in the canceled checks was a check written for $800 However, it had been recorded as a disbursement of $920 Required: Prepare the Bank reconciliation statement for the month ending June 30, 2019. Balance per bank Add. Deduct: Reconciled belanc BECKETT COMPANY Bank Reconciliation June 30, 2019 Balance per books Add Deduct: Reconciled balance Beckett Co. received its bank statement for the month ending June 30, 2019, and reconciled the statement balance to the June 30, 2019, balance in the Cash account. The reconciled balance was determined to be $6,081 The reconciliation recognized the following items. 1. Deposits in transit were $3,472 2. Outstanding checks totaled $2.594. 3. Bank service charges shown as a deduction on the bank statement were $71 4. An NSF check from a customer for $626 was included with the bank statement Beckett Co. had not been previously notified that the check had been returned NSF. 5. Included in the canceled checks was a check written for $800 However, it had been recorded as a disbursement of $920 Required: Prepare the Bank reconciliation statement for the month ending June 30, 2019. Balance per bank Add. Deduct: Reconciled belanc BECKETT COMPANY Bank Reconciliation June 30, 2019 Balance per books Add Deduct: Reconciled balance
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Related Book For
Accounting What the Numbers Mean
ISBN: 978-1260565492
12th edition
Authors: David Marshall, Wayne McManus, Daniel Viele
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