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1. Prepare a bank reconciliation as of October 31,20Y9. 2. Journalize the necessary...

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Accounting

1. Prepare a bank reconciliation as of October 31,20Y9.
2. Journalize the necessary entries.
3. If a balance sheet were prepared for Coastal Bike Co. on October 31,20Y9, what amount should be reported as cash?
Labels:
For the Month Ended October 31,20Y9
October 31,20Y9
Amount Descriptions
Adjusted balance
Bank error in charging check as $750 instead of $570
Bank service charges
Check returned because of insufficient funds
Deposit in transit on October 31
Error in recording check
Note collected by bank, including $270 interest
Outstanding checks
Total additions
Total deductions
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