Bank reconciliation Prepare a bank reconciliation as of August 31 from the following information: The August 31 balance shown on the bank statement is $4,905. b. There is a deposit in transit of $630 at August 31. Outstanding checks at August 31 totaled $945. a. с.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Bank reconciliation Prepare a bank reconciliation as of August 31 from the
following information:
The August 31 balance shown on the bank statement is $4,905.
b. There is a deposit in transit of $630 at August 31.
Outstanding checks at August 31 totaled $945.
a.
с.
Transcribed Image Text:Bank reconciliation Prepare a bank reconciliation as of August 31 from the following information: The August 31 balance shown on the bank statement is $4,905. b. There is a deposit in transit of $630 at August 31. Outstanding checks at August 31 totaled $945. a. с.
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