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Instrustions: a. Preare a bank reconciliation dated August 31, 2010, proceeding to a correct balance....

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Accounting

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Instrustions:

a. Preare a bank reconciliation dated August 31, 2010, proceeding to a correct balance.

b. Prepare any entries necessary to make the books correct and complete.

c. What amount of chas should be reported in the August 31 balance sheet?

plan it

County National Bank Disbursements Receipts Balance Balance, August 1 $15,468 Deposits during August $53.162 68,630 Note collected for depositor, including $66 interest 1,717 70,347 Checks cleared during August $56,959 13,388 Bank service charges 33 13,355 Balance, August 31 13,355 The general ledger Cash account contained the following entries for the month of August. Cash Balance, August 1 16,593 | Disbursements in August 57,637 Receipts during August 57,785 Deposits in transit at August 31 are $6,274, and checks outstanding at August 31 total $1,734. Cash on hand at August 31 is $512. The bookkeeper improperly entered one check in the books at $147 which was written for $165 for supplies (expense); it cleared the bank during the month of August

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