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Prepare a bank reconciliation

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Reference no: EM132710634

Problem - The following data were accumulated for use in reconciling the bank account of Kaycee Sisters Inc. for August 20Y9:

a. Cash balance according to the company's records at August 31, $14,190.

b. Cash balance according to the bank statement at August 31, $18,330.

c. Checks outstanding, $5,710.

d. Deposit in transit, not recorded by bank, $2,150.

e. A check for $180 in payment of an account was erroneously recorded by Kaycee Sisters Inc. as $810.

f. Bank debit memo for service charges, $50.

Required - Prepare a bank reconciliation?

Reference no: EM132710634

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