The following data were gathered to use in reconciling the bank account of Crescent Moon Company: Balance
Question:
The following data were gathered to use in reconciling the bank account of Crescent Moon Company:
Balance per bank $11,200
Balance per company records 9,295
Bank service charges 25
Deposit in transit 1,650
NSF check 600
Outstanding checks 4,180
a. What is the adjusted balance on the bank reconciliation?
b. Journalize any necessary entries for Crescent Moon Company based on the bank reconciliation.
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a 14680 as shown below Bank section ...View the full answer
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Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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