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Current Attempt in Progress Jack Anderson is unable to reconcile the bank balance at January 31. Jack'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 $3,460.46 530.13 27.07 $3,963.52 $3,987.83 690.19 720.02 $4,017.66

Current Attempt in Progress Jack Anderson is unable to reconcile the bank balance at January 31. Jack'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 $3,460.46 530.13 27.07 $3,963.52 $3,987.83 690.19 720.02 $4,017.66

FINANCIAL ACCOUNTING
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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Current Attempt in Progress Jack Anderson is unable to reconcile the bank balance at January 31. Jack'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 $3,460.46 530.13 27.07 $3,963.52 $3,987.83 690.19 720.02 $4,017.66
Transcribed Image Text:Current Attempt in Progress Jack Anderson is unable to reconcile the bank balance at January 31. Jack'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 $3,460.46 530.13 27.07 $3,963.52 $3,987.83 690.19 720.02 $4,017.66
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 O for the amounts. List all debit entries before credit entries.) Date Account Titles Jan. 31 eTextbook and Media List of Accounts Debit Credit
Transcribed Image Text: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 O for the amounts. List all debit entries before credit entries.) Date Account Titles Jan. 31 eTextbook and Media List of Accounts Debit Credit
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