The following information is available for the Evan Company for the month of August: a. On...

 

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The following information is available for the Evan Company for the month of August: a. On August 31, the balance in the company's Cash account (the company's books) is $17,202. b. The company's bank statement shows a balance on August 31 of $19,279. c. Outstanding checks total $2,984. d. The bank collected $770 on a Note Receivable that is not yet recorded by the company. e. A $67 NSF check from a customer is shown on the bank statement but not yet recorded by the company. f. A deposit placed in the bank's night depository on August 31 of $1,675 did not appear on the bank statement. g. Check #3445 for the payment of an Account Payable was correctly written for $2.450, but was recorded in the accounting records as $2,540. h. On the bank statement was a bank service charge in the amount of $25. It has not been recorded on the company's books. 1. Prepare the June bank reconciliation for the company. 2. Prepare the journal entries to adjust the company's Cash account to match the reconciled balance as of August 31. The following information is available for the Evan Company for the month of August: a. On August 31, the balance in the company's Cash account (the company's books) is $17,202. b. The company's bank statement shows a balance on August 31 of $19,279. c. Outstanding checks total $2,984. d. The bank collected $770 on a Note Receivable that is not yet recorded by the company. e. A $67 NSF check from a customer is shown on the bank statement but not yet recorded by the company. f. A deposit placed in the bank's night depository on August 31 of $1,675 did not appear on the bank statement. g. Check #3445 for the payment of an Account Payable was correctly written for $2.450, but was recorded in the accounting records as $2,540. h. On the bank statement was a bank service charge in the amount of $25. It has not been recorded on the company's books. 1. Prepare the June bank reconciliation for the company. 2. Prepare the journal entries to adjust the company's Cash account to match the reconciled balance as of August 31.

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1 Prepare the Bank reconciliation statement of S Co as S Co Bank reconcilation for th... View the full answer