Information for Blossom Company is as follows: balance per books at October 31, $41,570.60; November...
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Accounting
Information for Blossom Company is as follows: balance per books at October 31, $41,570.60; November receipts, $173,580.00; November disbursements, $166,190.00; balance per bank statement at November 30, $56,200.00. The following cheques were outstanding at November 30: #1224 $1,715.00 #1230 2.460.00 #1232 3,630.00 #1233 480.00 Included with the November bank statement and not recorded by the company were a bank debit memo for $30.80 covering bank charges for the month, a debit memo for $572.50 for a customer's cheque returned and marked NSF, and a credit memo for $1,480 representing bond interest collected by the bank in the name of Blossom Company. None of the interest collected had been previously recorded. Cash on hand at November 30 that had been recorded and was not yet deposited amounted to $1,922.30. Prepare a bank reconciliation proceeding to the correct balance at November 30 for Blossom Company (List items that increase balance as per bank & books first.) Blossom Company Bank Reconciliation Balance per bank statement, November 30 $ Outstanding cheques Add Cash on hand, not deposited $ $ $ $
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