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Compute the bank reconciliation

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Reference no: EM132465563

Question 1: Complete the bank reconciliation bellow based on the following information

Point 1: NSF Checks returned were $5,200, outstanding checks were $25,820.52, Service charges were $31.13

Point 2: Customer note collection was $53,101.11, deposit in transit was $9,245.89 and interest earnings were $3,953.00

Ending balance per bank statement                                    $ 144,223.99

Add:

Deduct

True Cash Balance                                                         $ 144,223.99

Ending company balance per company records                       $75,826.38

Add: 0.00

Deduct: -

True Cash Balance                                                               $75,826.38

Reference no: EM132465563

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