please help correctly and completely with all workings Bourne Incorporated reports a cash balance at the end of the month of $2,320. A comparison of the company's cash records with themonthly bank statement reveals several additional cash transactions: bank service fees ($73), an NSF check from a customer ($230), acustomer's note receivable collected by the bank ($1,100), and interest earned ($23).Required:Calculate the reconciled company balance for cash. (Amounts to be deducted should be indicated with a minus sign.)Company balanceService feesNSF checkNote receivedInterest earnedReconciled company balance

Analysis and adjustment of differences between the cash balance shown on a bank statement, and the…

Bourne Incorporated reports a cash balance at the end of the month of $2,320. A comparison of the monthly bank statement reveals several additional cash transactions: bank service fees ($73), an NSF customer's note receivable collected by the bank ($1,100), and interest earned ($23).

Bourne Incorporated reports a cash balance at the end of the month of $2,320. A comparison of the monthly bank statement reveals several additional cash transactions: bank service fees ($73), an NSF customer's note receivable collected by the bank ($1,100), and interest earned ($23).

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter8: Sarbanes-oxley, Internal Control, And Cash

Section: Chapter Questions

Problem 18E

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