Using the following information, prepare a bank reconciliation. • Bank balance: $4,987 • Book balance: $5,989 • Deposits in transit: $1,546 Outstanding checks: $956 Interest income: $54 • NSF check: $466 Bank Reconciliation Bank Statement Balance at (date) Add: Less: Adjusted Bank Balance Book Balance at (date) Add: Less: C Adjusted Book Balance 000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Using the following information, prepare a bank reconciliation.
• Bank balance: $4,987
• Book balance: $5,989
• Deposits in transit: $1,546
• Outstanding checks: $956
• Interest income: $54
• NSF check: $466
Bank Reconciliation
Bank Statement Balance at (date)
Add:
Less:
Adjusted Bank Balance
Book Balance at (date)
Add:
Less:
Adjusted Book Balance
000
Transcribed Image Text:Using the following information, prepare a bank reconciliation. • Bank balance: $4,987 • Book balance: $5,989 • Deposits in transit: $1,546 • Outstanding checks: $956 • Interest income: $54 • NSF check: $466 Bank Reconciliation Bank Statement Balance at (date) Add: Less: Adjusted Bank Balance Book Balance at (date) Add: Less: Adjusted Book Balance 000
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