Question: STATUS: THIS EXERCISE IS NOT DONE When you are finished with this exercise, change the status to DONE! ALT-EZ-BANK-RECON BALANCE PER BOOKS BALANCE PER BANK

 STATUS: THIS EXERCISE IS NOT DONE When you are finished with

STATUS: THIS EXERCISE IS NOT DONE When you are finished with this exercise, change the status to "DONE!" ALT-EZ-BANK-RECON BALANCE PER BOOKS BALANCE PER BANK ERROR ON CHECK DEPOSITS IN TRANSIT BANK FEES OUTSTANDING CHECKS ADJUSTED BALANCE PER BOOKS ADJUSTED BALANCE PER BANK The following data were accumulated for use in reconciling the bank account of Fillmore Company for April. 1. Cash balance according to the company's journal at April 30 was $21,950. 2. Cash balance according to the bank statement at April 30, $23,240. 3. The outstanding checks amounted to $4,460. 4. There was a deposit in transit of $3,580. 5. A check for $270 in payment of an account was erroneously recorded as $720. 6. Bank fees amounted to $40. Can you prepare the bank reconciliation? entries

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!