19) CIBC Bank collected a $450 note from a customer for ABC Company. In preparing the bank reconciliation, identify the side this transaction would appear on. 20) Casey Company’s bank statement...







19) CIBC Bank collected a $450 note from a customer for ABC Company. In preparing the bank reconciliation, identify the side this transaction would appear on.





20) Casey Company’s bank statement shows a bank balance of $43,267. The statement shows a bank service charge of $50. Casey’s book balance shows outstanding cheques of $5,288 and deposits in transit of $9,325. The bank side reconciliation would show cash of __________.





21) Bank of Montreal collected a $450 note from a customer for Cyber Company. Prepaid the journal entry to record the transaction.





22) The bank recorded a $56 deposit as $65. Determine the error amount and if the error is recorded on the book or bank side of the reconciliation.



23) Rick Company deposited a cheque for $675, but it was recorded on their books as a cheque for $576. Determine the error amount and if the error is recorded on the book or bank side of the reconciliation.





24) Bravo Bakery's bank statement shows a bank balance of $43,267. The statement shows a bank service charge of $50 and a bank collection of $760 in Bravo Bakery’s behalf. Determine the error amount and where on the bank reconciliation the error is recorded.







May 15, 2022
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