Calculator chapter 8 eBook The following June 30 bank reconciliation was prepared for Poway Co. Poway Co. Bank Reconciliation For the Month Ended June 30 $16,185 Cash balance according to bank statement Add outstanding checks: $575 No. 1067 470 1106 1.050 1110 910 3,005 1113 $19,190 6,600 Deduct deposit of June 30, not recorded by bank 512,590 Adjusted balance $8,985 Cash balance according to company's records Addı Proceeds of note collected by banki Principal $6,000 Interest 300 $6,300 Service charges 15 6,315 $15.300 0685 5,400 Deduct: Check returned because of Insufficient funds Error in recording June 17 deposit of S7.150 as 31,750 6,290 s 9,010 Adjusted belance a. Identfy the errors in the above bank reconci lation. Check My Work Assignment Score: 45.08% Type here to search
Calculator chapter 8 eBook The following June 30 bank reconciliation was prepared for Poway Co. Poway Co. Bank Reconciliation For the Month Ended June 30 $16,185 Cash balance according to bank statement Add outstanding checks: $575 No. 1067 470 1106 1.050 1110 910 3,005 1113 $19,190 6,600 Deduct deposit of June 30, not recorded by bank 512,590 Adjusted balance $8,985 Cash balance according to company's records Addı Proceeds of note collected by banki Principal $6,000 Interest 300 $6,300 Service charges 15 6,315 $15.300 0685 5,400 Deduct: Check returned because of Insufficient funds Error in recording June 17 deposit of S7.150 as 31,750 6,290 s 9,010 Adjusted belance a. Identfy the errors in the above bank reconci lation. Check My Work Assignment Score: 45.08% Type here to search
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Calculator
chapter 8
eBook
The following June 30 bank reconciliation was prepared for Poway Co.
Poway Co.
Bank Reconciliation
For the Month Ended June 30
$16,185
Cash balance according to bank statement
Add outstanding checks:
$575
No. 1067
470
1106
1.050
1110
910
3,005
1113
$19,190
6,600
Deduct deposit of June 30, not recorded by bank
512,590
Adjusted balance
$8,985
Cash balance according to company's records
Addı Proceeds of note collected by banki
Principal
$6,000
Interest
300
$6,300
Service charges
15
6,315
$15.300
0685
5,400
Deduct: Check returned because of Insufficient funds
Error in recording June 17 deposit of S7.150 as 31,750
6,290
s 9,010
Adjusted belance
a. Identfy the errors in the above bank reconci lation.
Check My Work
Assignment Score: 45.08%
Type here to search
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