Organic Food Co' s cash account shows a $5,700 debit balance and it's bank statement...
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Accounting
Organic Food Co' s cash account shows a $5,700 debit balance and it's bank statement shows $5,300 on deposit at the close of business on August 31.
A) August 1 cash receipts of $1,440 were placed in the bank's night depository after banking hours and were not recorded on the august 31 bank statement.
B) The bank statement shows a $140 NSF check from a customer, the company has not yet recorded this NSF check.
C) Outstanding checks as of August 31 total $1,320.
D) in Reviewing the bank statement an $100 check written by organic fruits was mistakenly drawn against Organic Food's account.
E) The August 31 bank statement lists $40 in bank service charges; the company has not yet recorded the cost of these services.
Prepare it's bank reconciliation using the above information
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