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Using the following information: a. The bank statement balance is $2,622. b. The cash account balance is $3,032. c. Outstanding checks amounted to $555. d. Deposits in transit are $835. e. The bank service charge is $121. f. A check for $52 for supplies was recorded as $43 in the ledger. Prepare a bank reconciliation for Miller Co. for August 31.

Using the following information: a. The bank statement balance is $2,622. b. The cash account balance is $3,032. c. Outstanding checks amounted to $555. d. Deposits in transit are $835. e. The bank service charge is $121. f. A check for $52 for supplies was recorded as $43 in the ledger. Prepare a bank reconciliation for Miller Co. for August 31.

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 11EB: Using the following information, prepare a bank reconciliation. Bank balance: $12,565. Book...
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U. DeposiS If transit die So5. e. The bank service charge is $121. f. A check for $52 for supplies was recorded as $43 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 Adjustments: Total adjustments Adjusted balance Cash balance according to company's records Adjustments: Total adjustments Adjusted balance %24
Transcribed Image Text:U. DeposiS If transit die So5. e. The bank service charge is $121. f. A check for $52 for supplies was recorded as $43 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 Adjustments: Total adjustments Adjusted balance Cash balance according to company's records Adjustments: Total adjustments Adjusted balance %24
Using the following information: a. The bank statement balance is $2,622. b. The cash account balance is $3,032. c. Outstanding checks amounted to $555. d. Deposits in transit are $835. e. The bank service charge is $121. f. A check for $52 for supplies was recorded as $43 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 Adjustments: Total adjustments Adjusted balance Cash balance according to company's records Adjustments: A || A %24
Transcribed Image Text:Using the following information: a. The bank statement balance is $2,622. b. The cash account balance is $3,032. c. Outstanding checks amounted to $555. d. Deposits in transit are $835. e. The bank service charge is $121. f. A check for $52 for supplies was recorded as $43 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 Adjustments: Total adjustments Adjusted balance Cash balance according to company's records Adjustments: A || A %24
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