The T-account for cash and the bank statement of Sinclair Food Services for the month of October
Question:
The T-account for cash and the bank statement of Sinclair Food Services for the month of October 2016 follows:
Prepare Sinclair Food Services’ bank reconciliation at October 31?
Transcribed Image Text:
Cash 3,310 Check #704 925 Check #705 240 Check #706 Oct 1 Bal. Oct 10 deposit Oct 31 deposit 640 300 930 Pre-adjusted Bal @ Oct 31 2,605 Bank Statement: Bal, Oct 1 Deposits: Deposits Bank collection $3,310 $925 630 Interest 5 1,560 Checks: No. Amount 704 640 705 300 (940) Other Charges: Service charge Bal, Oct 31 $ 40 (40) $3.890
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Bank Balance October 31 Add Deposit in transit Less Outstanding ...View the full answer
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