Prepare the company''s bank reconciliation, Accounting Basics

Honolulu Cookie Company provides the following information in order for you to prepare the company's bank reconciliation:                   

                Balance per company records at end of month  $53,300

                Bank service charge for the month          200

                NSF check returned with bank statement             1,400

                Outstanding checks at month end            18,800

                Balance per bank at end of month           62,500

                Deposit in transit at month end 8,000

Answer for bank reconciliation                             

                Honolulu Cookie Company         

                Bank Reconciliation Statement 

                Particulars           Amount in $

                Balance per company records at end of month  53,300

                Add:     

                Outstanding checks at month end            18,800

                                 72,100

                Less:     

                NSF check returned        1,400

                Bank charges     200

                Deposit in transit at month end 8,000

                Balance per bank at end of month           62,500         

Posted Date: 7/12/2012 3:20:21 AM | Location : United States







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