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The folowing Information was gathered by Superior Landscaping in order to prepare its Bank Reconciliation at the end of October:   Balance in Cash Ledger account at end of Oct 31                  $4,450 Balance of Cash in Bank Statement at end of Oct 31                 3,900 Electornic Funds Transfer deposited into your Bank account late Oct 31    600 Outstanding Cheques at end of Oct 31                             1,200 Deposits in Transit                                             2,000 NSF cheque received from a customer                              350    Prepare the October 31st Bank Reconciliation

The folowing Information was gathered by Superior Landscaping in order to prepare its Bank Reconciliation at the end of October:   Balance in Cash Ledger account at end of Oct 31                  $4,450 Balance of Cash in Bank Statement at end of Oct 31                 3,900 Electornic Funds Transfer deposited into your Bank account late Oct 31    600 Outstanding Cheques at end of Oct 31                             1,200 Deposits in Transit                                             2,000 NSF cheque received from a customer                              350    Prepare the October 31st Bank Reconciliation

Financial And Managerial Accounting
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 21E
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The folowing Information was gathered by Superior Landscaping in order to prepare its Bank Reconciliation at the end of October:

 

Balance in Cash Ledger account at end of Oct 31                  $4,450

Balance of Cash in Bank Statement at end of Oct 31                 3,900

Electornic Funds Transfer deposited into your Bank account late Oct 31    600

Outstanding Cheques at end of Oct 31                             1,200

Deposits in Transit                                             2,000

NSF cheque received from a customer                              350 

 

Prepare the October 31st Bank Reconciliation

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