Business, 26.07.2019 00:30 minnie7760

The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. you can refer to the objectives for each chapter covered as a review of the concepts. based on the following data, prepare a bank reconciliation for december of the current year: a. balance according to the bank statement at december 31, $283,000. b. balance according to the ledger at december 31, $245,410. c. checks outstanding at december 31, $68,540. d. deposit in transit, not recorded by bank, $29,500. e. bank debit memo for service charges, $750.

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