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  3. nolan company's cash account shows a $23,936 debit

Nolan Company's cash account shows a $23,936 debit balance and its bank statement shows $23,708...

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Accounting

Nolan Company's cash account shows a $23,936 debit balance and its bank statement shows $23,708 on deposit at the close of business on June 30.

  1. Outstanding checks as of June 30 total $2,835.
  2. The June 30 bank statement lists $38 in bank service charges; the company has not yet recorded the cost of these services.
  3. In reviewing the bank statement, a $20 check written by the company was mistakenly recorded in the companys books as $29.
  4. June 30 cash receipts of $3,068 were placed in the banks night depository after banking hours and were not recorded on the June 30 bank statement.
  5. The bank statement included a $34 credit for interest earned on the companys cash in the bank. The company has not yet recorded interest earned.

Prepare a bank reconciliation using the above information.

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Prepare a bank reconciliation using the above information

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