Bank Reconciliation. ( Need help to solve to reconcile Please.)?The following information is taken from the books and records of the House of Cards Company. All data required to reconcile the bank statement as of September 30, 2013 can be found in the various documents and records reproduced below. The bank portion of the bank reconciliation for House of Cards Company at... | |
Balance per bank statement 23,056.96
Add: Deposit in transit 2,695.00
Total 26,201.96
Less: Outstanding Checks
#2451 616.87
#2472 415.97
#2484 893.50
#2485 974.80
#2478 538.20
#2487 753.00
#2488 736.00
#2482 620.16 5,548.50
Adjusted Bank Balance 20,203.46
Cash balance per Book 18,288.71
Add: Note collected by bank 2400
Interest on note 72
Book error
'understatement of deposit 40
Total 20,800.71
Less: NSF Check 379.25
Printing of checkbook 180
Collection fee 35
Book error
'understatement of disb. 3
Adjusted Book Balance 20,203.46
The Sept. unadjusted Book and Bank balance are correct, but no spaces left for that supporting computations. You can rely on those given unadjusted balances for September.
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