Business, 16.12.2019 19:31, nicole10perez
Logan bruno company has just received the august 31, 2020, bank statement, which is summarized below.
county national bank disbursements receipts balance balance, august 1 $9,369 deposits during august $32,200 41,569 note collected for depositor, including $40 interest 1,040 42,609 checks cleared during august $34,500 8,109 bank service charges 20 8,089 balance, august 31 8,089 the general ledger cash account contained the following entries for the month of august. cash balance, august 1 10,050 disbursements in august 34,903 receipts during august 35,000 deposits in transit at august 31 are $3,800, and checks outstanding at august 31 total $1,050. cash on hand at august 31 is $310. the bookkeeper improperly entered one check in the books at $146.5 which was written for $164.5 for supplies (expense); it cleared the bank during the month of august.
prepare a bank reconciliation dated august 31, 2020, proceeding to a correct balance.
Answers: 2
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Logan bruno company has just received the august 31, 2020, bank statement, which is summarized below...
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