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organic food comoanys cash account shows a $7,300 debit balance and its bank statement shows...

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Accounting

organic food comoanys cash account shows a $7,300 debit balance and its bank statement shows $6,420 on deposit at the closed of business on August 31.
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Required information Use the following information for the Quick Studies 1213 below. (Algo) The following information applies to the questions displayed below.] Organic Food Company's Cash account shows a $7,300 debit balance and its bank statement shows $6,420 on deposit at the close of business on August 31. a. August 31 cash receipts of $3,040 were placed in the bank's night depository after banking hours and were not recorded on the August 31 bank statement. b. The bank statement shows a $300 NSF check from a customer: the company has not yet recorded this NSF check. c. Outstanding checks as of August 31 total $2,920. d. In reviewing the bank statement, an $260 check written by Organic Fruits was mistakenly drawn against Organic Food's account. e. The August 31 bank statement lists $200 in bank service charges; the company has not yet recorded the cost of these services. QS 6-12 (Algo) Bank reconciliation LO P3 Prepare a bank reconciliation using the above information. Prepare a bank reconciliation using the above information

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