Using the following information, prepare a bank reconciliation. Bank balance: $4,787 Book balance: $5,792 Deposits in transit: $1,546 • Outstanding checks: $956 Interest income: $51 NSF check: $466

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
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Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 7EB: Using the following information, prepare a bank reconciliation. Bank balance: $4,021 Book balance:...
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Using the following information, prepare a bank reconciliation.
Bank balance: $4,787
Book balance: $5,792
• Deposits in transit: $1,546
Outstanding checks: $956
Interest income: $51
NSF check: $466
Bank Reconciliation
Bank Statement Balance at (date)
Add:
Less:
Adjusted Bank Balance
Book Balance at (date)
Add:
Less:
Adjusted Book Balance
Transcribed Image Text:Using the following information, prepare a bank reconciliation. Bank balance: $4,787 Book balance: $5,792 • Deposits in transit: $1,546 Outstanding checks: $956 Interest income: $51 NSF check: $466 Bank Reconciliation Bank Statement Balance at (date) Add: Less: Adjusted Bank Balance Book Balance at (date) Add: Less: Adjusted Book Balance
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