Florence Company received a bank statement showing a balance of $13,200 on November 30, 2019....
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Florence Company received a bank statement showing a balance of $13,200 on November 30, 2019. During the bank reconciliation process, Florence Company's accountant noted the following bank errors: 1. A check for $155 issued by Florentine, Inc., was mistakenly charged to Florence Company's account. 2. Check 2782 was written for $300 but was paid by the bank as $1,300. 3. Check 2920 for $89 was paid by the bank twice. 4. A deposit for $690 on November 22 was credited by the bank for $960 Assuming outstanding checks total $2,190, prepare the adjusted bank balance section of the November 30, 2019, bank reconciliation. FLORENCE COMPANY Bank Reconciliation Statement November 30, 2019 Balance on Bank Statement Additions Deductions Adjusted Bank Balance
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