Prepare december bank reconciliation for randy corporation

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Reference no: EM133373178

Question: Randy Corporation's bank statement for December reports an ending balance of $43,574, whereas Randy's cash account shows a balance of $43,753 on December 31. The following additional information is available: An $1,710 deposit made on December 31 was not recorded by the bank until January. At the end of December, outstanding cheques total $2,444. The bank statement shows bank service charges of $250 not yet recorded by the company. . The company erroneously recorded as $1,946 a cheque that it had written for $1,649. It was correctly processed by the bank. A $960 cheque from a customer, deposited by the company on December 29, was returned with the bank statement for lack of funds. com?

Required: Prepare the December bank reconciliation for Randy Corporation.

Reference no: EM133373178

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