Gunner Company gathered the folowing reconciling information in preparing its September bank reconciliation. Calculate the adjusted cash balance per books on September 30. Cash balance per books, 9/30                                       2,750 Deposits in transit                                                            200 Notes receivable and interest collected by bank             630 Bank charge for check printing                                          50 Outstanding checks                                                       1,250 NSF check                                                                         290

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Q: Gunnar Company gathered the following reconciling information in preparing its September bank…

A: Bank reconciliation statement: It is prepared to reconcile the balance in the cash book and balance…

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A: Bank Reconciliation Statement: Bank statement is prepared by bank. The company maintains its own…

Q: Rodgers Company gathered the following reconciling information in preparing its May bank…

A: A bank reconciliation statement is prepared by the management at a particular time period. It helps…

Q: Rodgers Company gathered the following reconciling information in preparing its May bank…

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A: Workings:

Q: The bank statement for Farmer Co. indicates a balance of $7,735.00 on June 30. After the journal…

A: The Bank Reconciliation statement compares the cash book balance with the passbook balance and makes…

Q: Gunnar Company gathered the following reconciling information in preparing its September bank…

A: Bank reconciliation statement is prepared by almost every organization at a particular time. It is a…

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A: Introduction: Bank Reconciliation statement: Its a statement prepared by the customer of the bank at…

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A: The question is based on the concept of the Bank Reconciliation Statement.

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Q: Thompson Corporation gathered the following reconciling information in preparing its October bank…

A: GIVEN   Thompson Corporation gathered the following reconciling information in preparing its…

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A: Calculation of Adjusted cash balance as below:

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A: Bank Reconciliation Statement: Bank statement is prepared by bank. The company maintains its own…

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A: Introduction:- A bank reconciliation statement is used by many companies for comparing the company…

Q: Gunnar Company gathered the following reconciling information in preparing its September bank…

A: Formula: Adjusted cash balance per books = cash balance per books + notes receivable and interest…

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A: Bank reconciliation statement: The bank reconciliation statement (BRS) is prepared to reconcile the…

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Q: Derek Company gathered the following reconciling information in preparing its September bank…

A: Deposit in transit and outstanding checks are adjusted in bank statement and other items in cash…

Q: Jamison Company gathered the following reconciling information in preparing its June bank…

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Q: Thompson Company gathered the following reconciling information in preparing its October bank…

A: Bank Reconciliation Statement(BRS) is statement showing different transaction or errors due to which…

Q: Mazaya Company gathered the following reconciling information in preparing its November bank…

A: Particulars Amount Cash balance per book, 11/30 RO 4,400 Add: Note receivable and…

Q: Gunnar Company gathered the following reconciling information in preparing its September bank…

A: Bank reconciliation refers to the process of matching the bank book and cash book maintained by the…

Q: Gunnar Company gathered the following reconciling information in preparing its September bank…

A: Definition:   Bank reconciliation: Bank statement is prepared by the bank. The company maintains its…

Q: Gunnar Company gathered the following reconciling information in preparing its September bank…

A: Solution The adjusted cash balance of Gunnar Company on September 30 is shown below

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A: Particulars Amount Cash balance per bank, 6/30 RO 15,400 Less: Note receivable collected…

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A: Bank reconciliation: Bank statement is prepared by bank. The company maintains its own records from…

Q: Using the following information: The bank statement balance is $4,690. The cash account balance is…

A: Bank reconciliation statement is prepared by almost every organization at a particular time. It is a…

Q: Using the following information: The bank statement balance is $5,175. The cash account balance is…

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A: Answer:   Option a.

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A: Bank reconciliation: It is a statement which is prepared to reconcile the balance as per cash book…

Q: The bank statement for Farmer Co. indicates a balance of $7,735 on June 30. After the journals for…

A: A bank reconciliation analysis compares the cash position on a balance sheet of a company to a…

Q: Calculator Rodgers Company gathered the following reconciling information in preparing its May bank…

A: Calculate the adjusted balance as follows: Adjusted balance = Cash balance +Interest collected -…

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.