Create Bank Reconciliation for SOHO Company on 10/31 AND create the necessary journal entries needed...
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Accounting
Create Bank Reconciliation for SOHO Company on 10/31 AND create the necessary journal entries needed to update the cash account. Information: Cash Balance Per Bank: $10,000 Cash Balance Per Book: $8,525 - NSF Check: $100 - Company made deposit on 10/31 after normal business hours in the amount of $822 - Customer sent check directly to bank for $1,588 - Bank Service Charges for October $35 - Bank has not cleared the following checks: #201 - $200 #212 - $20 #216 - $610 - Bank statement shows interest payment paid $50 for October to SOHO - Company wrote check #220 to a vendor that cleared the bank for the correct amount of $556. It was recorded in the books for $520.
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