The following information relates to the bank account of Doug's Sky Diving Supply Store on June 30.

Balance per bank statement		$5,327
Balance per books as of June 30		9,265
Outstanding checks:
#1007	$ 241
#1008	67
#1009	597
Deposits in transit	229
	4,111
Bank service charges	98
NSF check	412
Credit memo for interest earned	16

Error: Check written and recorded by bank as $454 was subtracted from the checkbook as $445.

The check was used to pay the telephone bill.

Required:

Prepare a bank reconciliation as of June 30.

Answer rating: 100% (QA)

Bank reconciliation as on June 30 Description Amount in Ending balance as per bank ... View the full answer