C Prepare a correct bank reconciliation. (List items that increase balance as per bank & books first.) Date Account Titles Jan. 31 Brian Lee Bank Reconciliation Journalize the entries required by the reconciliation. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter 0 for the amounts. List all debit entries before credit entries) $ Debit Credit Brian Lee is unable to reconcile the bank balance at January 31. Brian's reconciliation is as follows. Cash balance per bank Add: NSF cheque Less: Bank service charge Adjusted balance per bank Cash Less: Deposits in transit Add: Outstanding cheques Adjusted balance per books $3,030.03 510.11 25.05 $3,515.09 $3,465.29 610.11 710.01 $3,565.19
C Prepare a correct bank reconciliation. (List items that increase balance as per bank & books first.) Date Account Titles Jan. 31 Brian Lee Bank Reconciliation Journalize the entries required by the reconciliation. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter 0 for the amounts. List all debit entries before credit entries) $ Debit Credit Brian Lee is unable to reconcile the bank balance at January 31. Brian's reconciliation is as follows. Cash balance per bank Add: NSF cheque Less: Bank service charge Adjusted balance per bank Cash Less: Deposits in transit Add: Outstanding cheques Adjusted balance per books $3,030.03 510.11 25.05 $3,515.09 $3,465.29 610.11 710.01 $3,565.19
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:C
Prepare a correct bank reconciliation. (List items that increase balance as per bank & books first.)
Date Account Titles
Jan. 31
Brian Lee
Bank Reconciliation
Journalize the entries required by the reconciliation. (Credit account titles are automatically indented when the amount is entered. Do
not indent manually. If no entry is required, select "No Entry for the account titles and enter 0 for the amounts. List all debit entries before
credit entries)
$
Debit
Credit
Transcribed Image Text:Brian Lee is unable to reconcile the bank balance at January 31. Brian's reconciliation is as follows.
Cash balance per bank
Add: NSF cheque
Less: Bank service charge
Adjusted balance per bank
Cash
Less: Deposits in transit
Add: Outstanding cheques
Adjusted balance per books
$3,030.03
510.11
25.05
$3,515.09
$3,465.29
610.11
710.01
$3,565.19
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