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Feliz [49]
1 year ago
9

On October 31 of the current year, Bell Sports received a bank statement dated October 30. Information has been obtained from th

e bank statement and from the records of the business. Prepare a bank statement reconciliation. Use Oct. 31 of the current year as the date.
Business
1 answer:
ankoles [38]1 year ago
7 0

Answer and Explanation:

The preparation of the bank reconciliation is presented below:

For company books

Balance $4,226

Less: service charges -$16

Adjusted balance $4,210

For bank statement

Balance $4,461

Add: outstanding deposits $448

Less: outstanding checks

Number 110 $37

Number  111 $75

Number  114 $587

Adjusted balance $4,210

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