Remaining Time: 1 hour, 34 minutes, 06 seconds. v Question Completion Status: QUESTION 5 Brown Company's bank statement for September 30 showed Bank statement balance Book balance of cash $4,210 $6,560 The following information was also available as of September 30 a. A customer's check for $950 marked NSF was returned to Brown Company by tho bank In addition the bank charged the company's account a $30 processing fee. b. The September 30 cash receipts, $6,000 were placed in the bank's night depository after bankıng hours on that date and this amount did not appear on the September 30 bank staten C. Outstanding checks amounted to $3,910. d. A check for rent expense was written for $2,198 but by mistake was recorded in the accounting records as $2,918. Required: Prepare bank reconciliation as of September 30. Your Answer should be in the following format: BROWN COMPANY Bank Reconciliation, September 30 Bank statement balance.....XXXX Add YYYYY..................* .XXXX
Remaining Time: 1 hour, 34 minutes, 06 seconds. v Question Completion Status: QUESTION 5 Brown Company's bank statement for September 30 showed Bank statement balance Book balance of cash $4,210 $6,560 The following information was also available as of September 30 a. A customer's check for $950 marked NSF was returned to Brown Company by tho bank In addition the bank charged the company's account a $30 processing fee. b. The September 30 cash receipts, $6,000 were placed in the bank's night depository after bankıng hours on that date and this amount did not appear on the September 30 bank staten C. Outstanding checks amounted to $3,910. d. A check for rent expense was written for $2,198 but by mistake was recorded in the accounting records as $2,918. Required: Prepare bank reconciliation as of September 30. Your Answer should be in the following format: BROWN COMPANY Bank Reconciliation, September 30 Bank statement balance.....XXXX Add YYYYY..................* .XXXX
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Remaining Time: 1 hour, 34 minutes, 06 seconds.
* Question Completion Status:
QUESTION 5
Brown Company's bank statement for September 30 showed
Bank statement balance
Book balance of cash
$4,210
$6.560
The following information was also available as of September 30
a. A customer's check for $950 marked NSF was returned to Brown Company by the bank In addition the bank charged the company's account a $30 processing fee.
b. The September 30 cash receipts, $6,000 were placed in the bank's night depository after banking hours on that date and this amount did not appear on the September 30 bank statement.
C. Outstanding checks amounted to $3,910.
d. A check for rent expense was written for $2,198 but by mistake was recorded in the accounting records as $2,918.
Required:
Prepare bank reconciliation as of September 30.
Your Answer should be in the following format:
BROWN COMPANY
Bank Reconciliation, September 30
Bank statement balance.
Add
XXXX
YΥΥΥY.
.XXXX
Deduct
ΥΥΥΥΥ.
Total.
.XXX
.XXXX
Book balance of cash
Add.
ΥΥΥΥΥ.
Deduct
YYYYY.
Total......
For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
XXXX
XXXX
.XXXX
.XXX
.XXXX
BIU S
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A v
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