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Jayden Carla Vista owns Carla Vista Electric and indicates on December 31 the unadjusted balance per his books is $7,882 and the unadjusted balance on his bank statement is $5.988. Prepare a bank reconciliation given the following: (a) Outstanding cheques of $1,080 (b) Deposits in transit of S4,730 (c) Debit memorandum for bank service charge of $14 (d) EFT of $1.770 from a customer for goods received. (List items that increase balance as per bank & books first.) Carla Vista Electric Bank Reconciliation

Jayden Carla Vista owns Carla Vista Electric and indicates on December 31 the unadjusted balance per his books is $7,882 and the unadjusted balance on his bank statement is $5.988. Prepare a bank reconciliation given the following: (a) Outstanding cheques of $1,080 (b) Deposits in transit of S4,730 (c) Debit memorandum for bank service charge of $14 (d) EFT of $1.770 from a customer for goods received. (List items that increase balance as per bank & books first.) Carla Vista Electric Bank Reconciliation

Financial Accounting
Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter8: Sarbanes-oxley, Internal Control, And Cash
Section: Chapter Questions
Problem 18E
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Jayden Carla Vista owns Carla Vista Electric and indicates on December 31 the unadjusted balance per his books is $7,882 and the unadjusted balance on his bank statement is $5,988. Prepare a bank reconciliation given the following: (a) Outstanding cheques of $1,080 (b) Deposits in transit of $4.730 (c) Debit memorandum for bank service charge of $14 (d) EFT of $1,770 from a customer for goods received. (List items that increase balance as per bank & books first.) Carla Vista Electric Bank Reconciliation
Transcribed Image Text:Jayden Carla Vista owns Carla Vista Electric and indicates on December 31 the unadjusted balance per his books is $7,882 and the unadjusted balance on his bank statement is $5,988. Prepare a bank reconciliation given the following: (a) Outstanding cheques of $1,080 (b) Deposits in transit of $4.730 (c) Debit memorandum for bank service charge of $14 (d) EFT of $1,770 from a customer for goods received. (List items that increase balance as per bank & books first.) Carla Vista Electric Bank Reconciliation
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