Challenge Problems o Problem 12 The following information relates to the Clearwater Lake Restaurant checking account for the month of April: $3,735 3,528 256 Balance of cash per books, 4/30/20X4 Balance of cash per bank, 4/30/20X4 Outstanding checks as of 4/30/20X4 Bank service charges for April Deposit in transit at 4/30/20X4 NSF check returned with statement 12 422 38 Error in recording check # 1568- (Office Supplies) axx nda recorded as 98 should be 89 Required: Prepare a bank reconciliation for the restaurant for April 30, 20X4.

Challenge Problems o Problem 12 The following information relates to the Clearwater Lake Restaurant checking account for the month of April: $3,735 3,528 256 Balance of cash per books, 4/30/20X4 Balance of cash per bank, 4/30/20X4 Outstanding checks as of 4/30/20X4 Bank service charges for April Deposit in transit at 4/30/20X4 NSF check returned with statement 12 422 38 Error in recording check # 1568- (Office Supplies) axx nda recorded as 98 should be 89 Required: Prepare a bank reconciliation for the restaurant for April 30, 20X4.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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