eBook Show Me How Bank Reconciliation The following data were accumulated for use in reconciling...
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eBook Show Me How Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co, for August 2013 1. Cash balance according to the company's records at August 31, $17.340. 2. Cash balance according to the bank statement at August 31, $18.540, 3. Checks outstanding, 53,520 4. Deposit in transit, not recorded by bank, $2,830. 5. A check for $170 in payment of an account was erraneously recorded in the check register as $710. 6. Bank debit memo for service charges, $30. a. Prepare a bank reconciliation, using the format shown in Exhibit) Creative Design Co. Bank Reconciliation August 31, 2016 Cash balance according to bank statement Adjusted balance Cash balance according to company's records Adjusted balance Check My Work Creative Design Co. Bank Reconciliation August 31, 2016 Cash balance according to bank statement Adjusted balance Cash balance according to company's records Adjusted balance b. If the balance sheet were prepared for Creative Design Co. on August 31, what amount should be reported for cash C Must a bank reconciliation always balance (reconcile?? Check My Work All work saved Save and Submit Assignment for Grading 8:49 PM
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