Solution-Prepare a bank reconciliation for the company

Prepare a bank reconciliation for the company

Assignment Help Database Management System

Reference no: EM132501422

Question - Note the following information related to a company's cash account:

Cash Balance per Bank

Cash balancer per bank, 12/31/19 9,610

Check #6832 cleared the bank for $240, but erroneously recorded by company for $268 Outstanding checks 2,417

Deposit by ABC Inc erroneously recorded to the company by the bank 486

NSF check returned by bank 281

Cash balance per books, 12/31/19 7,430

December 2019 interest per bank 30

Check mailed to bank for a deposit that had not reached the bank by 12/31/19 500

Required -

Prepare a bank reconciliation for the company for the month ended December 2019.

Prepare any journal entries that should be made based on the reconciliation prepared.

Reference no: EM132501422

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Prepare a bank reconciliation for the company

Reference no: EM132501422

Reference no: EM132501422

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