Using the following information: 1. The bank statement balance is $3,405. 2. The cash account balance is $3,592. 3. Outstanding checks amounted to $781. 4. Deposits in transit are $841. 5. The bank service charge is $118. 6. A check for $45 for supplies was recorded as $36 in the ledger. Prepare a bank reconciliation for Miller Co. for August 31. MIller Co. Bank Reconciliation Abgust 31 Cash balance according to bank statement Adjusted balance Cash balance according to company's records Adjusted balance

Using the following information: 1. The bank statement balance is $3,405. 2. The cash account balance is $3,592. 3. Outstanding checks amounted to $781. 4. Deposits in transit are $841. 5. The bank service charge is $118. 6. A check for $45 for supplies was recorded as $36 in the ledger. Prepare a bank reconciliation for Miller Co. for August 31. MIller Co. Bank Reconciliation Abgust 31 Cash balance according to bank statement Adjusted balance Cash balance according to company's records Adjusted balance

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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