1. Cash balance according to the company's records at August 31, $25,520. 2. Cash balance according to the bank statement at August 31, $26,850. 3. Checks outstanding, $5,180. 4. Deposit in transit,...

1. Cash balance according to the company's records at August 31, $25,520.<br>2. Cash balance according to the bank statement at August 31, $26,850.<br>3. Checks outstanding, $5,180.<br>4. Deposit in transit, not recorded by bank, $4,160.<br>5. A check for $480 in payment of an account was erroneously recorded in the check register as $840.<br>6. Bank debit memo for service charges, $50.<br>Prepare Bank Reconciliation statement?<br>

Extracted text: 1. Cash balance according to the company's records at August 31, $25,520. 2. Cash balance according to the bank statement at August 31, $26,850. 3. Checks outstanding, $5,180. 4. Deposit in transit, not recorded by bank, $4,160. 5. A check for $480 in payment of an account was erroneously recorded in the check register as $840. 6. Bank debit memo for service charges, $50. Prepare Bank Reconciliation statement?

Jun 02, 2022

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1. Cash balance according to the company's records at August 31, $25,520. 2. Cash balance according to the bank statement at August 31, $26,850. 3. Checks outstanding, $5,180. 4. Deposit in transit,...

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