Using the following information, prepare a bank reconciliation for Cullumber Company for July 31, 2022.a. The bank statement balance is $3,700.b.The cash account balance is $4,100.C.Outstanding checks totaled $1,260.d.Deposits in transit are $1,620.e.The bank service charge is $31.f.A check for $87 for supplies was recorded as $78 in the ledger.

Introduction: The practice of reconciling the balances in an individual's account holder account to…

Using the following information, prepare a bank reconciliation for Cullumber Company for July 31, 2022. a. The bank statement balance is $3,700. b. The cash account balance is $4,100. Outstanding checks totaled $1.260. Deposits in transit are $1,620. The bank service charge is $31. A check for $87 for supplies was recorded as $78 in the ledger. C. d. e. f.

Using the following information, prepare a bank reconciliation for Cullumber Company for July 31, 2022. a. The bank statement balance is $3,700. b. The cash account balance is $4,100. Outstanding checks totaled $1.260. Deposits in transit are $1,620. The bank service charge is $31. A check for $87 for supplies was recorded as $78 in the ledger. C. d. e. f.

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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