Harris Company had checks outstanding totaling $4,883 on its May bank reconciliation. In June, Harris Company issued checks totaling $39,485. The June bank statement shows that $26,185 in checks cleared the bank in June. A check from one of Harris Company's customers of $845 was also returned marked "NSF." Determine the amount of outstanding checks on Harris Company's June bank reconciliation. Select the correct answer. $65,670 $17,338 $21,302 $18,183

Q: Mazaya Company had checks outstanding totaling R.O 12,800 on its January bank reconciliation. In…

A: Checks outstanding = RO 12800 Issued checks RO 78900 Checks cleared in march = RO 59400

Q: Minor Company had checks outstanding totaling $4,127 on its April bank reconciliation. In May, Minor…

A: Check outstanding means checks which has been issued but not present for payment. It is related with…

Q: Aqua Company prepared the following bank reconciliation on June 30. Balance per bank Deposit in…

A: Bank Reconciliation Statement is a statement is prepared to correct the balance between cash balance…

Q: Use the information below to prepare a bank reconciliation for XYZ Company for the month of January.…

A: Solution: Bank reconciliation for XYZ Company for the month of January is as under:

Q: sing the following information, prepare the journal entries to reconcile the bank statement. Bank…

A: Bank reconciliation :  Adjustments to bank statement balance :  Bank balance = $6,888 Add : Deposit…

Q: 24.James Company had checks outstanding totaling $21,600 on its June bank reconciliation. In July,…

A: Calculate the amount of outstanding checks on James Company.

Q: What is the correct cash in bank balance?

A: Bank Reconciliation statement:- Bank reconciliation statement is a statement made by analyzing the…

Q: Aqua Company prepared the following bank reconciliation on June 30. Balance per bank 9,800,000…

A: The statement of Bank reconciliation is a report that matches the money balance on an organization's…

Q: Prepare its bank reconciliation using the above information. Del Gato Clinic's cash account shows…

A: Bank reconciliation is a statement prepared to find out the causes of the difference between the…

Q: Minor Company had checks outstanding totaling $5,330 on Its April barik reconciliation. In May,…

A: Ending checks outstanding = Beginning checks outstanding + Checks issued - Checks cleared

Q: Using the following information, prepare the journal entries to reconcile the bank statement. Bank…

A: Bank Reconciliation      Particular Amount ($) Bank Balance as per bank passbook 6988…

Q: Minor Company had checks outstanding totaling $4,889 on its April bank reconciliation. In May, Minor…

A: Bank reconciliation statement is used to determine the differences between the bank account balance…

Q: Using the following information, prepare a bank reconciliation for Quincy Co. for May 31 of the…

A: Bank reconciliation statement is the statement which is prepared by the entity to reconcile the…

Q: McKeel Publishing had outstanding checks totaling $5,440 on its June bank reconciliation. In July,…

A: Honor code Since you have asked multiple questions, we will solve the first question for you. If you…

Q: When a company's bookkeeper started to prepare the monthly bank reconciliation, the cash account…

A: Solution:  Correct cash balance shown on the bank reconciliation should be = Unadjusted cash balance…

Q: Do the following Bank reconciliation. The end of the month bank balance was follows: Bank statement:…

A: Bank reconciliation: It is a statement drawn up by the business to verify the cash book balance with…

Q: Minor Company had checks outstanding totaling $5,722 on its April bank reconciliation. In May, Minor…

A: Checks outstanding totaling $5,722 Check issued in May $41,711 Checks cleared in May $25,332 NSF…

Q: Kline Company had checks outstanding totaling $6,400 on its May bank reconciliation. In June, Kline…

A: The correct option is A ($16,600).

Q: Using the following information, prepare the journal entries to reconcile the bank statement. Bank…

A: Bank reconciliation is drawn up by the organizations to verify the cash balance as per the books of…

Q: ts checking account and a $200 NSF check written by one of Meyer's customers. Meyer's records show a…

A:

Q: Using the following information, calculate the adjusted bank balance. • Bank balance: $12,565. •…

A: The adjusted bank balance is calculated as bank balance before adjustment plus adjustments that…

Q: The account of Masigla Company prepared the following bank reconciliation dated June 30 of the…

A: The cash which is paid out or expensed is called cash disbursement. It is a cash outflow.

Q: Complete a Bank Reconciliation for the following: On March 31st the checkbook balance of Dust…

A: Bank Reconciliation statement.

Q: Bank balance: $6,988 Book balance: $8,866 Deposits in transit: $1,832 Outstanding checks: $589 and…

A: Journal entries are initial recording of all the monetary business transactions in a systematical…

Q: sed on the following data, prepare a bank reconciliation for December of the current year: a.…

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

Q: Using the following information, prepare a bank reconciliation for Cullumber Company for July 31,…

A: Introduction: The practice of reconciling the balances in an individual's account holder account to…

Q: Using the following information, prepare a bank reconciliation for Cole Co. for May 31 of the…

A: Bank reconciliation: It is a statement drawn up by the business to verify the cash book balance with…

Q: Using the following information, prepare a bank reconciliation for Sunland Company for July 31,…

A: Bank reconciliation statement is the statement which is prepared by the entity to reconcile the…

Q: Using the following information: (a) The bank statement balance is $4,690. (b) The cash account…

A: Introduction: Bank Reconciliation statement: Its a statement prepared by customer of bank to…

Q: Egrane, Incorporated's monthly bank statement showed the ending balance of cash of $20,400. The bank…

A: Businesses typically utilise a bank reconciliation statement  to look for errors that could affect…

Q: Minor Company had checks outstanding totaling $5,145 on its April bank reconciliation. In May, Minor…

A: Bank reconciliation statement is used to determine the differences between the bank statement…

Q: Compute the adjusted bank balance for the month of October. а. $10,520 b. $9,070 с. $9,085 d. $8,749

A: OPTION C IS THE ANSWER.

Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.