Question: Using the following information, prepare a good format bank reconciliation for Craven Corporation on July 31, 2022: 1. The unadjusted bank statement balance is 59,918.
Using the following information, prepare a good format bank reconciliation for Craven Corporation on July 31, 2022:
1. The unadjusted bank statement balance is 59,918.
2 The unadjusted cash account balance in the general ledger is $14,803
3. Outstanding cheques totaled 31,755,
4 Deposits in transit are $6.525
5 The bank service charges 575.
6. A cheque for $294 for supplies was posted as 5254 in the company's general ledger
Step by Step Solution
★★★★★
3.35 Rating (158 Votes )
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Craven Corporation Bank Reconciliation Statement As on July 31 2022 Cash balance a... View full answer
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
