Reference no: EM131006230
Use the following information to prepare a bank reconciliation for Pelson Company at August 31, 2013:
(1) Cash account balance, $9,136.70.
(2) Bank statement balance, August 31, $8,157.50.
(3) Deposits in transit, $1,400.00.
(4) Outstanding checks, August 31, $925.40.
(5) Service charge on bank statement not recorded in books, $22.00.
(6) Bank error--another company's check charged on Pelson Company's bank statement, $122.60.
(7) Check for repairs expense, $840.00, incorrectly recorded in books as $480.00.
Answer: ?
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