Prepare a bank reconciliation statement for todd

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Question - Todd Baker received his bank statement on October 1, 2015. According to the statement, Todd has a bank balance of $922.

However, Todd's checkbook shows a balance of $870. Closer observation revealed the following:

1) A deposit of $49 was in transit

2) Check #34 for $41 and check #38 for $56 were outstanding

3) A service charge of $4 had been made against Todd's account

4) Todd wrote check #36 for $31, however, he entered only $30 in his checkbook

Prepare a bank reconciliation statement for Todd.

Reference no: EM132059897

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