Calculate the ending reconciled cash balance using the followinginformation:Ending Cash per Bank Statement $4,843.69Ending Cash per General Ledger$10,893.89Deposits in Transit7,238.40602,448.201,200Bank Service ChargeOutstanding ChecksNSF Check$9,633.89$9,693.89$9,573.89$8,433.89

A bank reconciliation statement is a summary of cash balance as per Bank and as per Books that…

Calculate the ending reconciled cash balance using the following information: Ending Cash per Bank Statement Ending Cash per General Ledger Deposits in Transit Bank Service Charge Outstanding Checks NSF Check $9,633.89 $9,693.89 $9,573.89 $8,433.89 $4,843.69 $10,893.89 7,238.40 60 2,448.20 1,200

Calculate the ending reconciled cash balance using the following information: Ending Cash per Bank Statement Ending Cash per General Ledger Deposits in Transit Bank Service Charge Outstanding Checks NSF Check $9,633.89 $9,693.89 $9,573.89 $8,433.89 $4,843.69 $10,893.89 7,238.40 60 2,448.20 1,200

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter6: Cash And Internal Control

Section: Chapter Questions

Problem 6.4E

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Concept explainers

Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.

Question

Calculate the ending reconciled cash balance using the following
information:
Ending Cash per Bank Statement $4,843.69
Ending Cash per General Ledger
$10,893.89
Deposits in Transit
7,238.40
60
2,448.20
1,200
Bank Service Charge
Outstanding Checks
NSF Check
$9,633.89
$9,693.89
$9,573.89
$8,433.89

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