Provide a T-Account on the information provided below. MATRIX INC. BANK RECONCILIATION Cash balance per...
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Accounting
Provide a T-Account on the information provided below.
MATRIX INC. BANK RECONCILIATION
Cash balance per bank $8,500
Cash balance per books (general ledger) $7,320
Outstanding checks $3,6000
Check mailed to the bank for deposit had not reached the bank by the statement date. $2,050
NSF check returned by the bank for accounts receivable $200
July interest earned on the bank statement $10
Check no. 700 for misc. expense cleared
the bank for $200; erroneously recorded
in the Matrix books for $20
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