a. Cash on the books as of June 30, 2022 amounted to $4,098.00. Cash on the bank statement for the $7,735.00. b. Cash sales of $742 had been erroneously recorded in the cash receipts journal as $724 C. A deposit of $425, representing cash receipts o June 30 did not appear on the bank statement. d. The bank service charge for June amounted to $35.00 e. The bank collected $2,475.00 for Highgrove Company on a note. The face value of the note W: f. An NSF check for $256 from a customer, Beryl, was returned with the statement. g. Outstanding checks totaled $1,860. REQUIRED: Prepare a Bank reconciliation statement for Highgrove Company as of June 30, 2022 Do not give solution in image
a. Cash on the books as of June 30, 2022 amounted to $4,098.00. Cash on the bank statement for the $7,735.00. b. Cash sales of $742 had been erroneously recorded in the cash receipts journal as $724 C. A deposit of $425, representing cash receipts o June 30 did not appear on the bank statement. d. The bank service charge for June amounted to $35.00 e. The bank collected $2,475.00 for Highgrove Company on a note. The face value of the note W: f. An NSF check for $256 from a customer, Beryl, was returned with the statement. g. Outstanding checks totaled $1,860. REQUIRED: Prepare a Bank reconciliation statement for Highgrove Company as of June 30, 2022 Do not give solution in image
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
a.
Cash on the books as of June 30, 2022 amounted to $4,098.00. Cash on the bank statement for the $7,735.00.
b.
Cash sales of $742 had been erroneously recorded in the cash receipts journal as $724
C. A deposit of $425, representing cash receipts o June 30 did not appear on the bank statement. d.
The bank service charge for June amounted to $35.00
e.
The bank collected $2,475.00 for Highgrove Company on a note. The face value of the note W:
f.
An NSF check for $256 from a customer, Beryl, was returned with the statement.
g.
Outstanding checks totaled $1,860.
REQUIRED:
Prepare a
Do not give solution in image
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