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Prepare a correct bank reconciliation. (List items that increase cash balance first. Reconcile cash balance per bank first. Round answers to 2 decimal places, e.g. 52.75.) Blossom Bank Reconciliation $

Prepare a correct bank reconciliation. (List items that increase cash balance first. Reconcile cash balance per bank first. Round answers to 2 decimal places, e.g. 52.75.) Blossom Bank Reconciliation $

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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Blossom is unable to reconcile the bank balance at January 31. Blossom's reconciliation is as follows. Cash balance per bank Add: NSF check Less: Bank service charge Adjusted balance per bank Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books $4,000.20 470.00 32.00 $4,438.20 $4,315.20 750.00 937.00 $4,502.20
Transcribed Image Text:Blossom is unable to reconcile the bank balance at January 31. Blossom's reconciliation is as follows. Cash balance per bank Add: NSF check Less: Bank service charge Adjusted balance per bank Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books $4,000.20 470.00 32.00 $4,438.20 $4,315.20 750.00 937.00 $4,502.20
Prepare a correct bank reconciliation. (List items that increase cash balance first. Reconcile cash balance per bank first. Round answers to 2 decimal places, e.g. 52.75.) : .: II Blossom Bank Reconciliation $ LA $ LA $ $ $ LA $ $
Transcribed Image Text:Prepare a correct bank reconciliation. (List items that increase cash balance first. Reconcile cash balance per bank first. Round answers to 2 decimal places, e.g. 52.75.) : .: II Blossom Bank Reconciliation $ LA $ LA $ $ $ LA $ $
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