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Using the following information: 1. The bank statement balance is $3,322. 2. The cash account balance is $3,424. 3. Outstanding checks amounted to $693. 4. Deposits in transit are $735. 5. The bank service charge is $51. 6. A check for $75 for supplies was recorded as $66 in the ledger. Prepare a bank reconciliation for Miller Co. for August 31. Miller Co. Bank Reconciliation August 31 Cash balance according to bank statement Adjusted balance Cash balance according to company's records Adjusted balance 100 00000

Using the following information: 1. The bank statement balance is $3,322. 2. The cash account balance is $3,424. 3. Outstanding checks amounted to $693. 4. Deposits in transit are $735. 5. The bank service charge is $51. 6. A check for $75 for supplies was recorded as $66 in the ledger. Prepare a bank reconciliation for Miller Co. for August 31. Miller Co. Bank Reconciliation August 31 Cash balance according to bank statement Adjusted balance Cash balance according to company's records Adjusted balance 100 00000

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter5: Internal Control And Cash
Section: Chapter Questions
Problem 2SEQ
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Using the following information: 1. The bank statement balance is $3,322. 2. The cash account balance is $3,424. 3. Outstanding checks amounted to $693. 4. Deposits in transit are $735. 5. The bank service charge is $51. 6. A check for $75. for supplies was recorded as $66 in the ledger. Prepare a bank reconciliation for Miller Co. for August 31. Miller Co. Bank Reconciliation August 31 Cash balance according to bank statement Adjusted balance Cash balance according to company's records Adjusted balance K 00 3
Transcribed Image Text:Using the following information: 1. The bank statement balance is $3,322. 2. The cash account balance is $3,424. 3. Outstanding checks amounted to $693. 4. Deposits in transit are $735. 5. The bank service charge is $51. 6. A check for $75. for supplies was recorded as $66 in the ledger. Prepare a bank reconciliation for Miller Co. for August 31. Miller Co. Bank Reconciliation August 31 Cash balance according to bank statement Adjusted balance Cash balance according to company's records Adjusted balance K 00 3
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