Blossom Wyatt is unable to reconcile the bank balance at January 31. Blossoms reconciliation is...
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Accounting
Blossom Wyatt is unable to reconcile the bank balance at January 31. Blossoms reconciliation is as follows.
Cash balance per bank
$3,340.34
Add: NSF cheque
560.16
Less: Bank service charge
29.09
Adjusted balance per bank
$3,871.41
Cash
$3,829.69
Less: Deposits in transit
620.12
Add: Outstanding cheques
720.02
Adjusted balance per books
$3,929.59
Journalize the entries required by the reconciliation. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 31
Answer & Explanation
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