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Prepare a bank reconciliation

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The following data were accumulated for use in reconciling the bank account of Mathers Co. for July:

Cash balance according to the company's records at July 31                                           $26,840.
Cash balance according to the bank statement at July 31,                                              $28,240.
Checks outstanding,                                                                                                  $5,450.
Deposit in transit, not recorded by bank,                                                                       $4,370.
A check for $590 in payment of an account was erroneously recorded in the check register as $950.
Bank debit memo for service charges,                                                                              $40.

Question a. Prepare a bank reconciliation

Reference no: EM132467062

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