Solution-Prepare a bank reconciliation statement

Prepare a bank reconciliation statement

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Reference no: EM132557077

Question - The following information pertains to Bart Starr Sports, Inc.

Cash balance per bank, July 31, $7,763

July service charge indicated on bank statement, $28

Cash balance per Bart Starr's general ledger, July 31, $9,284

Deposits in transit, July 31, $1,500

Note collected by the bank for Bart Starr Sports, $900, plus interest earned $36.

Outstanding checks, July 31, $591

NSF check from the Philadelphia Eagles for $1,020 was indicated on the bank statement.

A check written by Peyton Manning for $500 was incorrectly charged to Bart Starr's account by the bank.

Instruction - Prepare a bank reconciliation statement.

Reference no: EM132557077

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Prepare a bank reconciliation statement

Reference no: EM132557077

Reference no: EM132557077

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