Solution-Make a bank reconciliation

Make a bank reconciliation

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Reference no: EM132052634

The following information pertains to Crane Video Company.

1. Cash balance per bank, July 31, $7,863.

2. July bank service charge not recorded by the depositor $37.

3. Cash balance per books, July 31, $7,884.

4. Deposits in transit, July 31, $1,800.

5. Bank collected $1,200 note for Crane in July, plus interest $45, less fee $29. The collection has not been recorded by Crane, and no interest has been accrued.

6. Outstanding checks, July 31, $600.

(a) Make a bank reconciliation at July 31. (List items that increase cash balance first.)

Reference no: EM132052634

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Make a bank reconciliation

Reference no: EM132052634

Reference no: EM132052634

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