(a) Prepare a bank reconciliation (to the correct balance) at November 30, for Vaughn Inc. from the information above. (Enter answers to 2 decimal places, e.g. 125.62.) eTextbook and Media List of Accounts VAUGHN INC. Bank Reconciliation $ $ $ $ View Policies Current Attempt in Progress Presented below is information related to Vaughn Inc. Balance per books at October 31, $106,712.02; receipts $442,485.97; disbursements $420,478.53. Balance per bank statement November 30, $143,499.21. The following checks were outstanding at November 30. 1224 $4,169.99 1230 6,294.17 1232 5,419.13 1233 1,229.53 Included with the November bank statement and not recorded by the company were a bank debit memo for $69.87 covering bank charges for the month, a debit memo for $948.93 for a customer's check returned and marked NSF, and a credit memo for $3,570 representing bond interest collected by the bank in the name of Vaughn Inc. Cash on hand at November 30 recorded and awaiting deposit amounted to $4,884.27. (a) Prepare a bank reconciliation (to the correct balance) at November 30, for Vaughn Inc. from the information above. (Enter answers to 2 decimal places, e.g. 125.62.)

(a) Prepare a bank reconciliation (to the correct balance) at November 30, for Vaughn Inc. from the information above. (Enter answers to 2 decimal places, e.g. 125.62.) eTextbook and Media List of Accounts VAUGHN INC. Bank Reconciliation $ $ $ $ View Policies Current Attempt in Progress Presented below is information related to Vaughn Inc. Balance per books at October 31, $106,712.02; receipts $442,485.97; disbursements $420,478.53. Balance per bank statement November 30, $143,499.21. The following checks were outstanding at November 30. 1224 $4,169.99 1230 6,294.17 1232 5,419.13 1233 1,229.53 Included with the November bank statement and not recorded by the company were a bank debit memo for $69.87 covering bank charges for the month, a debit memo for $948.93 for a customer's check returned and marked NSF, and a credit memo for $3,570 representing bond interest collected by the bank in the name of Vaughn Inc. Cash on hand at November 30 recorded and awaiting deposit amounted to $4,884.27. (a) Prepare a bank reconciliation (to the correct balance) at November 30, for Vaughn Inc. from the information above. (Enter answers to 2 decimal places, e.g. 125.62.)

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter10: Liabilities: Current, Installment Notes, And Contingencies

Section: Chapter Questions

Problem 1COMP

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