On June 30, the check register balance is $391.04. The service charge is $4.10, and interest earned is $1.23. Check #124 for $9.53 was not entered, and a debit purchase for $15.75 was incorrectly entered as $17.55. A deposit for $81.70 was not entered.

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A: Note: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts…

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A: Solution:- Preparation of journal entries as follows under:-

Q: If a company recorded a check they wrote as $729 when it should have been recorded as being written…

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Q: Kameron Gibson's bank statement showed a balance of $1,016.75. Kameron's checkbook had a balance of…

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Q: The following data have been gathered for Syncronics, Inc.: Thė July 31 bank balance was $4,000, b.…

A: Preparation of the July 31 bank reconciliation for Syncronics, Inc is as follows:

Q: 15. See below for a portion of Elizabeth Hallett's bank statement. Her previous balance was $271.31.…

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Q: Liberty Company receives a bank statement dated April 30 that shows a balance of $4,722.68.…

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Q: In the month of March, Mazaya Company Inc wrote checks in the amount of R.O 45.620. In April, checks…

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Q: For which of the following errors would the appropriate amount be subtracted from the balance per…

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Q: A company shows an ending balance of $790. The bank statement shows a $14 service charge and an NSF…

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A: Bank Balance :- $ 7000.10 Checkbook Balance :- $ 8900.15

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Q: Balance per the bank on May 31: $11,295. Deposits in transit not recorded by the bank: $2,410. Bank…

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Q: On December 3, you received your bank statement showing a balance of $5,055.06. Your checkbook shows…

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A: Every company ensures that their bank and cash accounts are, in order. Sometimes there can be…

Q: 4 Checks outstanding as of March 31 were as follows: no. 84 for $1,841.02; no. 88 5 Also…

A: Bank reconciliation statement: It is a statement of the deviation between the organization cash book…

Q: A check register shows a balance of $484.95. The bank statement shows a cash balance of $506.27. The…

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Q: On October 1, Jessica Clay received her bank statement showing a balance of $374.52. Her checkbook…

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Q: At June 30, Almond Co.'s cash balance was $10,012 before adjustments, while its ending bank…

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Q: 7. Monet’s checkbook at the end of October showed a balance of ₱22,189.50. An examination of the…

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Q: The June 30 cash balance in the general ledger is $878. .The June 30 balance shown on the bank…

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Q: When the bank statement is received on July 3, it shows a balance, before reconciliation, of $6,120…

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Q: On March 31, Sigment Company had a $44,547.60 checkbook balance. The bank statement showed a balance…

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Q: a bookkeeper mistakenly records a disbursement as $69 A. $27 addition to the balance per books. B.…

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Q: A check written by the company for $165 is incorrectly recorded by a company as $156. On the bank…

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Q: Analyze the following errors that appeared on Black Electric’s bank statement and in the accounting…

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Q: Your checkbook balance shows $706.50. The bank statement shows $772.77. The bank paid $2.50…

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Q: A check written by the company for $272 is incorrectly recorded by a company as $227. On the bank…

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Q: On May 27, you received your bank statement showing a balance of $1,026.34. Your checkbook shows a…

A: Bank Reconciliation Statement: It is also called BRS. BRS is prepared to reconcile the cash balance…

Q: Based on the following information, determine the true balance in your checking account. Balance in…

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Q: On December 15, you recieved your bank statement showing a balance of $2270.32. Your checkbook shows…

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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.