The following information relates to the Spartan Club's checking account for the month of November: Cash balance per books, 11/30/20X6 4,950 5,250 500 300 40 300 160 Cash balance per bank, 11/30/20X6 Outstanding checks as of 11/30/20X6 Deposit in transit on 11/30/20X6 Bank service charge for November, 20X6 Note receivable collected by bank during November NSF check returned with bank statement $ $ $ $ Required: Prepare the November 20X6 bank reconciliation for the Spartan Club. $ $ $
The following information relates to the Spartan Club's checking account for the month of November: Cash balance per books, 11/30/20X6 4,950 5,250 500 300 40 300 160 Cash balance per bank, 11/30/20X6 Outstanding checks as of 11/30/20X6 Deposit in transit on 11/30/20X6 Bank service charge for November, 20X6 Note receivable collected by bank during November NSF check returned with bank statement $ $ $ $ Required: Prepare the November 20X6 bank reconciliation for the Spartan Club. $ $ $
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 6EB: The bank reconciliation shows the following adjustments. Deposits in transit: $1,698 Notes...
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![Problem 7
The following information relates to the Spartan Club's checking account for the month of November:
4,950
Cash balance per books, 11/30/20X6
Cash balance per bank, 11/30/20X6
Outstanding checks as of 11/30/20X6
Deposit in transit on 11/30/20X6
5,250
500
300
Bank service charge for November, 20X6
Note receivable collected by bank during November
NSF check returned with bank statement
$
$
$
Required:
Prepare the November 20X6 bank reconciliation for the Spartan Club.
SA SA
$
$
$
SA SA
$
40
300
160](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fabca6c41-7400-45a0-86c9-cdfc78de6222%2F6140b11b-51b5-4b4e-a11a-d57cba6eca7a%2Folp5fns_processed.png&w=3840&q=75)
Transcribed Image Text:Problem 7
The following information relates to the Spartan Club's checking account for the month of November:
4,950
Cash balance per books, 11/30/20X6
Cash balance per bank, 11/30/20X6
Outstanding checks as of 11/30/20X6
Deposit in transit on 11/30/20X6
5,250
500
300
Bank service charge for November, 20X6
Note receivable collected by bank during November
NSF check returned with bank statement
$
$
$
Required:
Prepare the November 20X6 bank reconciliation for the Spartan Club.
SA SA
$
$
$
SA SA
$
40
300
160
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