Sensible Company provided the following ledger account of the cash in bank maintained with Second Bank: Problem 2-2 (IAA) Sensible Company provided the following ledger account of the SECOND BANK Dec. 1 Balance 6 Deposit 12 Deposit 24 Deposit 31 Deposit 100,000 30,000 40,000 50,000. 60,000 772 5,000 773 35,000 774 15,000 775 30,000 776 - 25,000 777 40,000 Dec. 1 Check No. 771 20,000 4. 10 14 18 24 The following bank statement was received from the Second Bank by Sensible Company. Balance 130,000 Date Checks Deposits Dec. 1 Balance Check No. 10,000 20,000 5,000 35,000 15,000 52,000 8,000 10,000 5,000 768 771 772 773 774 776 1042 4 6. 30,000 40,000 12 12 24 50,000 45,000 CM 28 NSF check 28 Service charge
Sensible Company provided the following ledger account of the cash in bank maintained with Second Bank: Problem 2-2 (IAA) Sensible Company provided the following ledger account of the SECOND BANK Dec. 1 Balance 6 Deposit 12 Deposit 24 Deposit 31 Deposit 100,000 30,000 40,000 50,000. 60,000 772 5,000 773 35,000 774 15,000 775 30,000 776 - 25,000 777 40,000 Dec. 1 Check No. 771 20,000 4. 10 14 18 24 The following bank statement was received from the Second Bank by Sensible Company. Balance 130,000 Date Checks Deposits Dec. 1 Balance Check No. 10,000 20,000 5,000 35,000 15,000 52,000 8,000 10,000 5,000 768 771 772 773 774 776 1042 4 6. 30,000 40,000 12 12 24 50,000 45,000 CM 28 NSF check 28 Service charge
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 9EA: Using the following information, prepare a bank reconciliation. Bank balance: $4,587 Book balance:...
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