Question: Using the steps in the reconciliation procedure, prepare a bank reconciliation at November 30, 2017 IVANHOE COMPANY Bank Reconciliation October 31, 2017 Cash balance per

 Using the steps in the reconciliation procedure, prepare a bank reconciliationat November 30, 2017 IVANHOE COMPANY Bank Reconciliation October 31, 2017 Cash Using the steps in the reconciliation procedure, prepare a bank reconciliation at November 30, 2017

IVANHOE COMPANY Bank Reconciliation October 31, 2017 Cash balance per bank $12,607.90 Add: Deposits in transit 1,530.20 14,138.10 Less: Outstanding checks Check Number Check Amount 1,260.40 2451 2470 684.20 2471 844.50 2472 432.15 2474 1,050.00 4,271.25 9,866.85 Adjusted cash balance per bank The adjusted cash balance per bank agreed with the cash balance per books at October 31. The November bank statement showed the following checks and deposits. Bank Statement Checks Deposits Date Number Amount Date Amount 2470 11-1 684.20 11-1 1,530.20 11-2 2471 844.50 11-4 1,211.60 11-5 2474 1,050.00 11-8 990.10 11-4 2475 1,640.70 11-13 2,575.00 11-8 2476 2,830.00 1,472.70 11-18 11-10 2477 2,945.00 600.00 11-21 11-15 2479 1,750.00 11-25 2,567.30 1-1 2480 1,330.00 11-28 1,650.00 695.40 11-30 1,186.00 11-27 2481 16,127.90 11-30 2483 575.50 Tota 940.00 11-29 2486 Total $12,940.30

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