Using the following information, prepare a bank reconciliation. • Bank balance: $4,687 • Book balance: $5,690 • Deposits in transit: $1,546 • Outstanding checks: $956 • Interest income: $53 • NSF check: $466

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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Using the following information, prepare a bank reconciliation.
• Bank balance: $4,687
• Book balance: $5,690
• Deposits in transit: $1,546
• Outstanding checks: $956
• Interest income: $53
• NSF check: $466
Bank Reconciliation
Bank Statement Balance at (date)
Add:
Less:
Adjusted Bank Balance
Book Balance at (date)
Add:
Less:
Adjusted Book Balance
Transcribed Image Text:Using the following information, prepare a bank reconciliation. • Bank balance: $4,687 • Book balance: $5,690 • Deposits in transit: $1,546 • Outstanding checks: $956 • Interest income: $53 • NSF check: $466 Bank Reconciliation Bank Statement Balance at (date) Add: Less: Adjusted Bank Balance Book Balance at (date) Add: Less: Adjusted Book Balance
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