The cash account for Norwegian Medical Co. at April 30 indicated a balance of $13,370....
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Accounting
The cash account for Norwegian Medical Co at April indicated a balance of $ The bank statement indicated a balance of $ on April Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items:
Checks outstanding totaled $
A deposit of $ representing receipts of April had been made too late to appear on the bank statement.
The bank collected $ on a $ note, including interest of $
A check for $ returned with the statement had been incorrectly recorded by Norwegian Medical Co as $ The check was for the payment of an obligation to Universal Supply Co for a purchase on account.
A check drawn for $ had been erroneously charged by the bank as $
Bank service charges for April amounted to $
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