EB8. LO 8.6Prepare the journal entry to reconcile the bank statement in Exercise 8.7.(Previous question) LO 8.6Using the following information, prepare a bank reconciliation. Bank balance: $4,021 Book balance: $2,928 Deposits in transit: $1,111 Outstanding checks: $679 Bank charges: $35 Notes receivable: $1,325; interest: $235
EB8. LO 8.6Prepare the journal entry to reconcile the bank statement in Exercise 8.7.(Previous question) LO 8.6Using the following information, prepare a bank reconciliation. Bank balance: $4,021 Book balance: $2,928 Deposits in transit: $1,111 Outstanding checks: $679 Bank charges: $35 Notes receivable: $1,325; interest: $235
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 7EA: Using the following information, prepare a bank reconciliation. Bank balance: $3,678 Book balance:...
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EB8.
LO 8.6Prepare the
LO 8.6Using the following information, prepare a bank reconciliation.
- Bank balance: $4,021
- Book balance: $2,928
- Deposits in transit: $1,111
- Outstanding checks: $679
- Bank charges: $35
- Notes receivable: $1,325; interest: $235
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