Shown is the information needed to prepare a bank reconciliation for Warren Electric at December 31. At December 31, cash per the bank statement was $15,200; cash per the company's records was $19,000. Two debit memoranda accompanied the bank statement: service charges for December of $28, and a $800 check drawn by Jane Jones marked NSF. Cash receipts of $10,000 on December 31 were not deposited until January 4. The following checks had been issued in December but were not included among the paid checks returned by the bank: no. 620 for $900, no. 630 for $3,100, and no. 641 for $3,028. a. Prepare a bank reconciliation at December 31.b. Prepare the necessary journal entry or entries to update the accounting records.
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Shown is the information needed to prepare a bank reconciliation for Warren Electric at December 31....
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