Please dont provide solution image based answers thanku Use the following bank statement and T-account to prepare the May 31 bank reconciliation.DateMay 14May 1May 3W WN1228 #530108ChecksMay 29May 30May 31#2 $ 40#4 130504585#6##600May 31 #8Cash (A)32080320210425BANK STATEMENTDeposits$ 803204010013050455585NSF checkOtherService chargeMay 3 #2May 4 #3May 8 #4May 11 #5May 21 #6May 29 #7May 30 #8$8035Balance$320360150100375255 Bank StatementEnding Balance per Bank StatementAdditions:Deductions:Up-to-Date Cash BalanceBank ReconciliationMay 31$00Company's BooksEnding Balance per Cash AccountAdditions:Deductions:00 Up-to-Date Cash Balance$00O0

Differences between the cash balance indicated on a bank statement and the amount recorded in the…

Use the following bank statement and T-account to prepare the May 31 Checks Date May 1 4 #2 $ 40 12 #4 130 28 #5 50 #6 45 #8 85 30 May 31 BANK STATEMENT Deposits $ 80 320 NSF check Other Service charge $80 35 Balance $320 360 150 100 375 255

Use the following bank statement and T-account to prepare the May 31 Checks Date May 1 4 #2 $ 40 12 #4 130 28 #5 50 #6 45 #8 85 30 May 31 BANK STATEMENT Deposits $ 80 320 NSF check Other Service charge $80 35 Balance $320 360 150 100 375 255

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter7: Internal Control And Cash

Section: Chapter Questions

Problem 3BE

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Concept explainers

Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.

Question

Please dont provide solution image based answers thanku

Use the following bank statement and T-account to prepare the May 31 bank reconciliation.
Date
May 1
4
May 1
May 3
W WN
12
28 #5
30
108
Checks
May 29
May 30
May 31
#2 $ 40
#4 130
50
45
85
#6
##
600
May 31 #8
Cash (A)
320
80
320
210
425
BANK STATEMENT
Deposits
$ 80
320
40
100
130
50
45
55
85
NSF check
Other
Service charge
May 3 #2
May 4 #3
May 8 #4
May 11 #5
May 21 #6
May 29 #7
May 30 #8
$80
35
Balance
$320
360
150
100
375
255

Bank Statement
Ending Balance per Bank Statement
Additions:
Deductions:
Up-to-Date Cash Balance
Bank Reconciliation
May 31
$
0
0
Company's Books
Ending Balance per Cash Account
Additions:
Deductions:
0
0 Up-to-Date Cash Balance
$
0
0
O
0

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