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

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

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

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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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: S679
Bank charges: $35
• Notes receivable: $1,325; interest: $235

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