The folowing Information was gathered by Superior Landscaping in order to prepare its Bank Reconciliation at the end of October: Balance in Cash Ledger account at end of Oct 31 $4,450 Balance of Cash in Bank Statement at end of Oct 31 3,900 Electornic Funds Transfer deposited into your Bank account late Oct 31 600 Outstanding Cheques at end of Oct 31 1,200 Deposits in Transit 2,000 NSF cheque received from a customer 350 Prepare the October 31st Bank Reconciliation
The folowing Information was gathered by Superior Landscaping in order to prepare its Bank Reconciliation at the end of October: Balance in Cash Ledger account at end of Oct 31 $4,450 Balance of Cash in Bank Statement at end of Oct 31 3,900 Electornic Funds Transfer deposited into your Bank account late Oct 31 600 Outstanding Cheques at end of Oct 31 1,200 Deposits in Transit 2,000 NSF cheque received from a customer 350 Prepare the October 31st Bank Reconciliation
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The folowing Information was gathered by Superior Landscaping in order to prepare its Bank Reconciliation at the end of October:
Balance in Cash Ledger account at end of Oct 31 $4,450
Balance of Cash in Bank Statement at end of Oct 31 3,900
Electornic Funds Transfer deposited into your Bank account late Oct 31 600
Outstanding Cheques at end of Oct 31 1,200
Deposits in Transit 2,000
NSF cheque received from a customer 350
Prepare the October 31st Bank Reconciliation
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