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Accounting 201 Bank Reconciliation Problems 7-4A On August 31, Kravsnik Company receives its bank statement. The company deposits ts receipts in the bank and makes all payments by check. The debit memo for $149 is for an NSF check written by N. Carton. Check no. 1924 for $336, creditor), was incorrectly recorded in the checkbook and journal as $200 The balance of the Cash account as of August 31 is $1,509. Outstanding checks as of August payable to Gamer Company (a notes that the deposit of August 31 for $261 did not appear on the bank statement (a) Prepare a bank reconciliation as of August 31 , assuming that the debit memos have not been recorded (b) Record the necessary journal entries c) Complete the bank form to determine the adjusted balance of cash. PEABODY NATIONAL BANK Kravsnik Company 416 Seneca Avenue Kansas City, Missouri 64102 Account No. 152-6 55-217 Statement Date: 1-31 Balance last Statement Amount of Checks and Debits $1.360.00 Number of Checks Amount of Deposits and Credits Number of Deposits Balance this Statement $2.698.00 $2.651.00 1.313.00 DERITS 8-04 8-04 72.00 1923 1918 76.00 146.00 1925 206.00 1926 139.00 1927 1924 8-17 8-17 8-23 8-28 336.00 14.00 533.00 94.00 1920 1921 8-07 8-07 Dearrs DM NSF check 8-31 AMOUNT DATE A 26.008-18 412.008-24 19.00 8-29 Code Symbols 99+ DELL

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