The following cash and bank information is available for three companies on June 30, 2018:

Required
a. Organize the class into three sections and divide each section into groups of three to five students. Assign Peach Co. to section 1, Apple Co. to section 2, and Pear Co. to section 3.
Group Tasks
(1) Prepare a bank reconciliation for the company assigned to your group.
(2) Select a representative from a group in each section to put the bank reconciliation on the board.

Transcribed Image Text:

Cash and Adjustment Information Peach Co Apple Co. Pear Co Unadjusted cash balance per bookS, 6/30 Outstanding checks Service charge Balance per bank statement, 6/30 Credit memo for collection of notes receivable NSF check Deposits in transit Credit memo for interest earned $45,620 1,345 50 48,632 4,500 325 2,500 42 $32,450 2,478 75 37,176 5,600 145 3,200 68 $23,467 2,540 35 24,894 3,800 90 4,800 12