Winson Company reported the following information related to its 31 August 2019 bank statement: i) The bank statement's balance is $3267. ii) The cash account balance is $3193. iii) The outstanding...


Winson Company reported the following information related to its 31 August 2019 bank statement:


i) The bank statement's balance is $3267.


ii) The cash account balance is $3193.


iii) The outstanding checks total $612.


iv) The deposits in transit amount to $1415.


v)The bank service charge is $27.


vi) Winson's accountant issued a check for $153 (inpayment on an account payable) that was erroneously recorded in the ledger as $135.


vii)Bank debit memorandum for$138 NSF (not sufficient funds)check from one of its customers.


viii) The bank collected an account receivable in the amount of $1060 on. behalf if Winson Company.



Required;


Prepare Winson Company's bank reconciliation on 31 August 2019.




Jun 08, 2022
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