70.2K

Verified Solution

Link Copied!

Tableau DA 6-1: Quick Study, Identifying components of a bank reconciliation LO P3 The accounting department prepares a bank reconciliation at the end of each month. The following Tableau Dashboard is pro assist in our reconciliation for the month of November Bank Statement Balance $20,000 $15,000 $10,000- $5,000 October 31 November 15 November 30 Book Balance $20,000 $15,000 10,000 - 55,000 50 October 31 November 15 November 30 Cash Interest Received on Bank Total Deposits in Transit Balance November 30 $250 Cash Interest Received on Bank Balance Total Deposits in Transit November 30 $250 $40 November Bank Fees Check Printing Fees Service Fees $10 SO August September October November Outstanding Checks at Nov. 30 Check#1203 $100 Check #1278 tableau Wire Transfer Fees $78 1. Determine the company's tajbank balance and fb) book balance on November 30 before the bank reconciliation 2. What is the amount of cash tnterest received in the month of November 3. Which of the bank fees is the largest of those charged to the company in November 1. Determine the company's (a) bank balance and (b) book balance on November 30 before the bank reconciliation 2. What is the amount of cash Interest received in the month of November? 3. Which of the bank fees is the largest of those charged to the company in November? Complete this question by entering your answers in the tabs below Required: Required 2 Required 3 Determine the company's (a) bank balance and (b) book balance on November 30 before the bank reconciliation (a) Bank Balance (b) Book Balance Required 2 >

Answer & Explanation Solved by verified expert

See Answer