Prepare a bank reconciliation for the following Kent Company deposit all receipts...
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Accounting
Prepare a bank reconciliation for the following
Kent Company deposit all receipts and make all payments by check. The following information is available from the cash records. The balance per the bank statement at the end of June is $15,000 dollars and the balance per the books in the general ledger at the end of June is $16,000 dollars. 1) Outstanding checks for the month of June totaled $5,000 dollars 2) Deposits in transit for the month of June totaled $4,000 dollars 3) The bank collected accounts receivable totaling $2,000 dollars for the month of June. 4) The bank collected a note receivable totaling $500 dollars for the month of June. 5) The bank charged us bank fee for the month of June for $100 dollars 6) The bank had a NSF check for $4,300 dollars and charged us $100 dollars for this in June
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