current year, Bright and White Laundry received a bank statement dated August 28. Information nas been obtained from the bank statement and from the records of the business. Prepare a bank statement reconciliation. Use Aug. 29 of the current year as the date. v QUESTION ASSETS Bank Statement Information COA RECONCILIATION OF BANK STATEMENT 20- Bank statement balance $2,712.00 Balance on Check Stub No. Balance on Bank Statement Bank service charge 20.00 DEDUCT BANK CHARGES: ADD OUT STANDING DEPOSITS: Outstanding deposit, Aug. 28 300.00 Description Amount Date Amount Outstanding checks: - S No. 306 140.00 No. 308 70.00 Total bank charges Total outstanding deposits Checkbook balance on Check 2,822.00 SUBTOTAL Stub No. 309 DEDUCT OUT STANDING CHECKS: Check No. Amount
current year, Bright and White Laundry received a bank statement dated August 28. Information nas been obtained from the bank statement and from the records of the business. Prepare a bank statement reconciliation. Use Aug. 29 of the current year as the date. v QUESTION ASSETS Bank Statement Information COA RECONCILIATION OF BANK STATEMENT 20- Bank statement balance $2,712.00 Balance on Check Stub No. Balance on Bank Statement Bank service charge 20.00 DEDUCT BANK CHARGES: ADD OUT STANDING DEPOSITS: Outstanding deposit, Aug. 28 300.00 Description Amount Date Amount Outstanding checks: - S No. 306 140.00 No. 308 70.00 Total bank charges Total outstanding deposits Checkbook balance on Check 2,822.00 SUBTOTAL Stub No. 309 DEDUCT OUT STANDING CHECKS: Check No. Amount
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter5: Cash Control Systems
Section: Chapter Questions
Problem 2AP
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