The Qwerty company shows a cash balance of $6922 and the cash balance of your books is $5371. Prepare a bank reconciliation statement. 1) There was a cash deposit for 5500 which has not yet made into the bank. 2) The re were NSF and bank service charges for a total of $25 3) Interest credited in bank account of $31 but no entry has been made in the books. 4) NSF cheque returned for $377
The Qwerty company shows a cash balance of $6922 and the cash balance of your books is $5371. Prepare a bank reconciliation statement. 1) There was a cash deposit for 5500 which has not yet made into the bank. 2) The re were NSF and bank service charges for a total of $25 3) Interest credited in bank account of $31 but no entry has been made in the books. 4) NSF cheque returned for $377
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The Qwerty company shows a cash balance of $6922 and the cash balance of your books is $5371. Prepare a
1) There was a cash deposit for 5500 which has not yet made into the bank.
2) The re were NSF and bank service charges for a total of $25
3) Interest credited in bank account of $31 but no entry has been made in the books.
4) NSF cheque returned for $377
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