Mint Company provided the following information:Mint Company Bank StatementCash in DU Bank -Per BooksDateWithdrawa Deposits BalancDepositsWithdrawalseOct 150,000 50,000Oct 150,000 Oct012,50047,500 OSC10,000 OSC5,000C# 0045,0002,5001545,0002325,000700242,50025,000 67,50012,500 80,00079,00019C# 00131 40,000DIT10003251100429CM31SC1,000The credit made by the on October 29 is proceeds from notes received from a customer.Required: Prepare a bank reconciliation for Mint Co.

Bank reconciliation statement is prepared by a firm in order to identify the transactions due to…

Mint Company provided the following information: Mint Company Bank Statement Cash in DU Bank -Per Books Date Withdrawa Deposits Balanc Deposits Withdrawals Oct 1 50,000 50,000 Oct 1 50,000 Oct 2,500 001 4 23 25,000 7,500 OSC 10,000 OSC 15 C# 004 5,000 45,000 7 002 19 C# 001 2,500 31 40,000DIT 42,500 67,500 12,500 80,000 79,000 10 003 25 25,000 11 004 5,000 29 CM 31 SC 1,000 The credit made by the on October 29 is proceeds from notes received from a customer. Required: Prepare a bank reconciliation for Mint Co.

Mint Company provided the following information: Mint Company Bank Statement Cash in DU Bank -Per Books Date Withdrawa Deposits Balanc Deposits Withdrawals Oct 1 50,000 50,000 Oct 1 50,000 Oct 2,500 001 4 23 25,000 7,500 OSC 10,000 OSC 15 C# 004 5,000 45,000 7 002 19 C# 001 2,500 31 40,000DIT 42,500 67,500 12,500 80,000 79,000 10 003 25 25,000 11 004 5,000 29 CM 31 SC 1,000 The credit made by the on October 29 is proceeds from notes received from a customer. Required: Prepare a bank reconciliation for Mint Co.

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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