Balance per bank Balance per company records Bank service charges Deposits in transit NSF checks Outstanding checks $14,355 14,010 80 4,100 775 5,300 Required: 1. What is the adjusted balance on the bank reconciliation? Bank section of reconciliation Company section of reconciliation 2. Journalize any necessary entries for Build-A-Lot based on the bank reconciliation. If an amount box does not require an entry, leave it bl

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter7: Internal Control And Cash
Section: Chapter Questions
Problem 3BE
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Balance per bank
Balance per company records
Bank service charges
Deposits in transit
NSF checks
Outstanding checks
$14,355
14,010
80
4,100
775
5,300
Required:
1. What is the adjusted balance on the bank reconciliation?
Bank section of reconciliation
Company section of reconciliation
2. Journalize any necessary entries for Build-A-Lot based on the bank reconciliation. If an amount box does not require an entry, leave it bl
Transcribed Image Text:Balance per bank Balance per company records Bank service charges Deposits in transit NSF checks Outstanding checks $14,355 14,010 80 4,100 775 5,300 Required: 1. What is the adjusted balance on the bank reconciliation? Bank section of reconciliation Company section of reconciliation 2. Journalize any necessary entries for Build-A-Lot based on the bank reconciliation. If an amount box does not require an entry, leave it bl
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