Unadjusted cash account balance for taylor corp

Reference no: EM131013711

The unadjusted cash account balance for Taylor Corp. at December 31, 2015 is $85,200. The bank statement showed an ending balance of $91,380 at December 31, 2015. The following information is available:

Outstanding checks $ 24,400

NSF check from customer $ 2,300

Deposits in transit $ 15,900

Interest earned mce_markernbsp; 15

Bank service charge mce_markernbsp; 35

Required:

Prepare a bank reconciliation for December 31, 2015.

Reference no: EM131013711

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