Moon Lee received her bank statement on September 8, showing a balance of $2,009.32. The balance shown in her checkbook was $2,469.31. Deposits in transit amounted to $1.197.87 and there was a service charge of $6.00. Outstanding checks were $310.18 and $324.50, and the interest earned was $109.20. Find the reconciled balance.

Q: Prepare a bank reconciliation as of July 31,

A: Check No Amount 1823  $  120.00 2500  $  255.00 2517  $  332.00 2518  $  115.00 2519  $…

Q: In the month of May, Fredricksburg Company Inc. wrote checks in the amount of $64,750. In June,…

A: Outstanding checks (May)=Checks written in May-Checks presented=$64,750-$59,276=$5,474

Q: As on October 31, the city cleaners have available the following data concerning its bank checking…

A: Bank reconciliation statement is a statement used to match the balance of money reported on the…

Q: Please help

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

Q: On December 10, you receive your bank statement showing a balance of $2,984.04. Your checkbook shows…

A: Deposits in transit refers the sum of money which has been received and recorded by the organization…

Q: Using the following information: a. The bank statement balance is $3,759. b. The cash account…

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

Q: The cash account for Coastal Bike Co. at October 1, 20Y9, indicated a balance of $5,140. During…

A: 1.

Q: When Chris balanced her business check book, she had an adjusted bank balance of $8,911. She had…

A: Given information : Adjusted book balance = $8911 3 Outstanding check deposits = $349 7 outstanding…

Q: The book balance in the checking account of Kyri Enterprises as of November 30 is $2,944. The bank…

A:

Q: The cash account for Brentwood Bike Co. at May 1 indicated a balance of $12,980. During May, the…

A: Cash Balance, May 1 = $12,980 Cash Balance, May 31 = $12,980 + $64,500 - $59,890  = $17,590

Q: Marlon, Inc., reported a balance of $133 in its cash account at the end of the month. There were…

A: Due to certain reasons, the balance of the bank account and the balance shown in the cash book of…

Q: The cash account for Brentwood Bike Co. at May 1 indicated a balance of $34,250. During May, the…

A: A bank reconciliation is a statement that shows the difference in the bank balance shown by the…

Q: Elizabeth's chequing account had a balance of $4,500.00 on December 1st. After reviewing her…

A: ACCOUNT BALANCE =$ 4500 NSF CHARGES =$120 SERVICE CHARGES = $19.95 NOTE COLLECTED =$750 DEPOSIT MADE…

Q: On May 31, the bank statement for the Casio Tile Company checking account showed $ 6,804.60 in the…

A: BRS statement provides the details for adjusted cash balance after various adjustments to bank…

Q: LILA company has the below information in its Bank Statement and the company book at the end of the…

A: Bank reconciliation statement: This statement is prepared to reconcile the entity cash balance with…

Q: The book balance in the checking account of Kyri Enterprises as of November 30 is $2,944. The bank…

A: The amounts that are correctly recorded in the bank statement but are omitted from the books are…

Q: The cash account for Brentwood Bike Co. at May 1 indicated a balance of $33,857. During May, the…

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

Q: At November 30, One Day Cleaners has available the following data concerning its PROBLEM 7A-2…

A: The bank reconciliation statement is prepared to match the cash balances of cash book and pass book.…

Q: On June1, Flor Rosales received her bank statement for May from the bank together with the cancelled…

A: Bank reconciliation: It is a statement drawn up by the business to verify the cash book balance with…

Q: The cash account for Brentwood Bike Co. at May 1 indicated a balance of $33,857. During May, the…

A: Balance as per book on May 31= Cash balance on May 1 + Cash deposit - Check written =…

Q: On December 3, you received your bank statement showing a balance of $5,055.06. Your checkbook shows…

A: Bank reconciliation statement: The bank reconciliation statement commonly referred to as BRS is a…

Q: three checks outstanding on October 31: no. 1417 for $110.00, no. 1420 for $144.35, and no. 1422 for…

A:

Q: At the end of the day, the cash register tape lists $881.40 as total income from services. Cash on…

A: Cash short and over = Cash income recorded on tape - Cash collected = $881.40 - ($18.25 + $433.60 +…

Q: On September 1, Sharon Santos was given his monthly bank statement with a bank balance of P…

A: The bank reconciliation statement is prepared to equate the balances of cash book and passbook with…

Q: At November 30, balance as per the bank statement of One Day Cleaners was $40,758; and balance as…

A: The statement showing the variation between the bank balance as per bank and cash book is known as…

Q: The cash account for Seal-Tek Co. at December 1, 2006, indicated a balance of $3,945.90. During…

A: The bank reconciliation statement is prepared to adjust the balances of cash book and pass book to…

Q: Bev is completing the monthly bank reconciliation for her checking account for the month of October.…

A: Bank Balance as per book of account and actual bank balance as per bank passbook need not be same at…

Q: The following information is needed to reconcile the cash balance for Monique Company. • A deposit…

A: Answer: Bank reconciliation is shown below:

Q: The following information applies to the questions displayed below.] Del Gato Clinic's cash account…

A: Recording error of check=$798-$789=$9

Q: Use the following information for the next two (2) questions: The books of Coach Company disclosed a…

A: The bank reconciliation statement is prepared to equate the balances of cash book and passbook with…

Q: Use the following information for the Exercises below. (The following information applies to the…

A: The adjustment entry for above transaction are as follows.

Q: Haverman Company maintains a checking account at the Commerce Bank. At July 31, selected data from…

A: The question is based on the concept of the bank reconciliation statement.

Q: David had the following activity with his checking account during the month of July: Starting…

A: Statement showing checkbook balance as on 31st July  Particular Amount (in $) Opening balance…

Q: On May 2, 20X1, HPF Vacations received its April bank statement from First City Bank and Trust.…

A: Given :  NSF check = $ 160 Service fees = $ 6

Q: The cash account for Brentwood Bike Co. at May 1 indicated a balance of $13,080. During May, the…

A: 1) Particulars Amount $ Amount $ Cash balance according to bank statement   22,290 Add:…

Q: The Cash account of Lydia reported a balance of RM2, 540 at December 31, 2018. There were…

A: Bank reconciliation prepared by the business organisation in which it was used for matching bank…

Q: The cash account for Brentwood Bike Co. at May 1 indicated a balance of $34,250. During May, the…

A: A bank reconciliation is a statement that shows the difference in the bank balance shown by the…

Q: The cash account for Brentwood Bike Co. at May 1 indicated a balance of $34,250. During May, the…

A: Balance as per book = Cash balance on May 1 + Cash deposit - Check written = $34,250+140300-138880 =…

Q: Carol Stokke receives her April 6 bank statement showing a balance of $859.75; her checkbook balance…

A: The bank reconciliation statement is prepared to equate the balances of cash book and pass book with…

Q: On October 31, your company's records say that the company has $18,588.13 in its checking account. A…

A: Balance as per books. $18588.13 +Outstanding checks.  $7403.37 +Bank interest.              $20.24…

Q: The cash account for Coastal Bike Co. at October 1, 20Y9, indicated a balance of $32,527. During…

A: Bank reconciliation statement is the statement of those banking & business transactions which…

Q: Del Gato Clinic's cash account shows a $13,209 debit balance and its bank statement shows $12,483 on…

A: General Journal:

Q: debit memoranda accompany the bank statement: one for $9 was for service charges for the month; the…

A: BRS is the reconciliation of Pass book balance and Cash book balance.

Q: Miss Corina Cruz bank statement on September 30 showed a balance of P 26,091.20. Her checkbook…

A: Bank reconciliation statement is a statement prepared by the company to reconcile the balance…

Q: On 30 June 20X0, Cook's cash book showed that he had an overdraft of $300 on his current account at…

A: Cash book refers to the statement which comprises of all the receipts and payments of cash.

Q: Rick Hall owns a card shop, Hall’s Cards. The following cash information is available for the month…

A: A bank reconciliation statement is a statement prepared by the company in order to match the balance…

Q: The cash account for Highlander Diamond Co. on April 1, 20Y5, indicated a balance of $35,400. During…

A: A bank reconciliation as of April 30. HIGHLANDER DIAMOND CO.

Q: At August 31, Concord Company has a cash balance per books of $7,900 and the following additional…

A: Cash is the highly liquid asset for any company. It is to be shown in the balance sheet on assets…

Q: Jessie has a cash account per general ledger that shows a balance of $78,659 at October 31, 2021.…

A: The bank reconciliation statement is prepared to equate the balances of cash book and passbook with…

Q: The following information is available to reconcile Branch Company’s book balance of cash with its…

A: Bank reconciliation statements are referred as a statement which is made by the company/organisation…

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.