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  3. the books of the cashin company and the bank state

The books of the Cashin Company and the bank statement revealed the following information: Cash...

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Accounting

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The books of the Cashin Company and the bank statement revealed the following information: Cash account balance on books, August 31 $20,000 Outstanding checks 10,000 Deposits in transits, August 31 15,000 Cash balance in bank, August 31 15,450 Service charge for August 50 Customer NSF check returned by bank 400 Error made by company in recording a check. Recorded in Cash Disbursements Journal as $1,000, but should have been $100. Bank cleared the check properly. Prepare the bank reconciliation for August 31, using the following form: Balance per books, August 31 Add: Deduct: Adjusted balance per books Balance per bank statement, August 31 Add: Deduct: Adjusted bank balance

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