Question Content Area

Using the following information:

1. The bank statement balance is $3,600.
2. The cash account balance is $3,623.
3. Outstanding checks amount to $756.
4. Deposits in transit are $625.
5. The bank service charge is $145.
6. A check for $42 for supplies was recorded as $33 in the ledger.

Prepare a bank reconciliation for Miller Co. for August 31.

Miller Co. Bank Reconciliation August 31

Cash balance according to bank statement		$fill in the blank 1
Add: Bank service chargeAdd: Deposits in transitAdd: Error in recording checkDeduct: Bank service chargeDeduct: Deposits in transit
Add: Bank service chargeAdd: Error in recording checkAdd: Outstanding checksDeduct: Bank service chargeDeduct: Outstanding checks		- Select -
Adjusted balance		$fill in the blank 6
Cash balance according to company's records		$fill in the blank 7
Add: Bank service chargeAdd: Deposits in transitAdd: Outstanding checksDeduct: Bank service chargeDeduct: Deposits in transit	$- Select -
Add: Deposits in transitAdd: Error in recording checkAdd: Outstanding checksDeduct: Error in recording checkDeduct: Outstanding checks	- Select -
Total deductions		fill in the blank 12
Adjusted balance		$fill in the blank 13