80.2K

Verified Solution

Link Copied!

Calculator Using the following information: a. The bank statement balance is $2,782. b. The cash account balance is $3,070. c. Outstanding checks amounted to $598. d. Deposits in transit are $752. e. The bank service charge is $125. f. A check for $71 for supplies was recorded as $62 in the ledger. Prepare a bank reconciliation for Miller Co. for August 31. Miller Co. Bank Reconciliation August 31 Cash balance according to bank statement Adjustments: Deposits in transit not recorded by bank Bank service charge Deposits in transit not recorded by bank Adjus Error in recording Cash balance according to company's records Adjustments: Total adjustments Adjusted balance All work saved. August 31 Cash balance according to bank statement Adjustments: Deposits in transit not recorded by bank Bank service charge A Error in recording Outstanding checks to company's records Adjustments: Bank Reconciliation August 31 Cash balance according to bank statement Adjustments: Deposits in transit not recorded by bank TA Total distamante Bank service charge Deposits in transit not recorded by bank records Outstanding checks Total adjustments Total adjustments Deposits in transit not recorded by bank records Error in recording Outstanding checks Total adjustments Adjusted balance

Answer & Explanation Solved by verified expert

See Answer