Using the following information, prepare the journal entries to reconcile the bank statement.Bank balance: $4,178Book balance: $2,849Deposits in transit: $323Outstanding checks: $108 and $534Bank service charges: $25Notes receivable: $1,000; Interest income: $35If an amount box does not require an entry, leave it blank. fill in the blank 2fill in the blank 3 fill in the blank 5fill in the blank 6 fill in the blank 8fill in the blank 9 fill in the blank 11fill in the blank 12 fill in the blank 14fill in the blank 15

Balance as per cash book $2,849 Balance as per bank book $4,178 Add: Notes receivables $1000 Add:…

Answered: Using the following information,…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Using the following information, prepare the journal entries to reconcile the bank statement.

Bank balance: $4,178
Book balance: $2,849
Deposits in transit: $323
Outstanding checks: $108 and $534
Bank service charges: $25
Notes receivable: $1,000; Interest income: $35

If an amount box does not require an entry, leave it blank.

		fill in the blank 2	fill in the blank 3
		fill in the blank 5	fill in the blank 6
		fill in the blank 8	fill in the blank 9
		fill in the blank 11	fill in the blank 12
		fill in the blank 14	fill in the blank 15

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