ABC company has bank balance on June 30, 2019 is $67,510, and the book balance at this month-end is $53,090. The other information is as followings: a Checks outstanding totaled $7,570 b. A deposit of $5,600 in transit c. A check for $100 in payment of an account was erroneously recorded by ABC Company's cash registrar as $1,000 d. The bank collected $12,500 (for ABC Company) on a note left for collection. No interest was included in payment by the customer. e. Bank service charges for this month is $7:5 f Check of a customer returned by bank to company because of insufficient funds (NSF), $880 Q1: Please work on bank reconciliation for the year end of 2016 below (22 points): ABC Company Bank Reconciliation June 30, 2019 $53,090 Cash balance 6/30 19 per bank $67,510 Cash balance 6/30/19 per book Add: 5600 73110 Add Depost not recorded by bank
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