The balance in the checking account of York Company as of July 31 is $5,852.16. The...

 

Transcribed Image Text:

The balance in the checking account of York Company as of July 31 is $5,852.16. The bank statement shows an ending balance of $4,870.00. The following information is discovered by comparing checks deposited and written and noting service charges and other debit and credit memos shown on the bank statement. Deposits in transit: 7/23 7/27 Outstanding checks: No. 530 No. 531 No. 532 Unrecorded ATM withdrawal: 7/30 Bank service charge $220.00 615.00 $120.00 36.00 278.30 $540.00 $42.00 Required: Determine the ending balances to reconcile the bank statement and checkbook. The balance in the checking account of York Company as of July 31 is $5,852.16. The bank statement shows an ending balance of $4,870.00. The following information is discovered by comparing checks deposited and written and noting service charges and other debit and credit memos shown on the bank statement. Deposits in transit: 7/23 7/27 Outstanding checks: No. 530 No. 531 No. 532 Unrecorded ATM withdrawal: 7/30 Bank service charge $220.00 615.00 $120.00 36.00 278.30 $540.00 $42.00 Required: Determine the ending balances to reconcile the bank statement and checkbook.

Answer rating: 100% (QA)

York Company Bank Reconciliation July 31 20 Bank statement balance Add De... View the full answer