From the following information, what is the balance of the bank reconciliation for Everest Ltd for 31 July. 1. The bank statement balance is $2,306. 2. The cash account balance is $2,930 3. Outstanding cheques totalled $585. 4. Outstanding deposit $1,175. 5.
From the following information, what is the balance of the bank reconciliation for Everest Ltd for 31 July. 1. The bank statement balance is $2,306. 2. The cash account balance is $2,930 3. Outstanding cheques totalled $585. 4. Outstanding deposit $1,175. 5.
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 9EA: Using the following information, prepare a bank reconciliation. Bank balance: $4,587 Book balance:...
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![From the following information,
what is the balance of the bank
reconciliation for Everest Ltd for 31
July. 1. The bank statement balance
is $2,306. 2. The cash account
balance is $2,930 3. Outstanding
cheques totalled $585. 4.
Outstanding deposit $1,175. 5.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3d0a6382-0102-44c5-938c-6645ce5d0f48%2F27c99eea-23d2-4830-bf3e-68c62d1f890a%2Fbnav58_processed.jpeg&w=3840&q=75)
Transcribed Image Text:From the following information,
what is the balance of the bank
reconciliation for Everest Ltd for 31
July. 1. The bank statement balance
is $2,306. 2. The cash account
balance is $2,930 3. Outstanding
cheques totalled $585. 4.
Outstanding deposit $1,175. 5.
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