Answered: Using the following information,…

Using the following information, prepare a bank reconciliation. • Bank balance: $7,651 • Book balance: $10,595 • Deposits in transit: $2,588 • Outstanding checks: $489

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 9EB: Using the following information, prepare a bank reconciliation. Bank balance: $7,651 Book balance:...

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Question 25 ) BRS

Using the following information, prepare a bank reconciliation.
• Bank balance: $7,651
.
• Book balance: $10,595
• Deposits in transit: $2,588
• Outstanding checks: $489
• Interest income: $121
• NSF check: $966

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