NUMBER 959 960 960 961 962 962 Date 8/1 balance 8/18 8/19 8/26 8/30 RECORD ALL CHARGES OR CREDITS THAT AFFECT YOUR ACCOUNT ✓ FEE (IFANY) DEPOSIT/ CREDIT (+) (-) $ $ Deduct: Service charge DATE 2022 8/7 AT&T 8/15 Staples 8/19 Deposit 8/20 West Electric 8/24 Bank of America 7/29 Deposit Lee.com checkbook balance DESCRIPTION OF TRANSACTION Ending checkbook balance BANK STATEMENT Checks $143.50 319.24 15.00 SC $ PAYMENT/ DEBIT (-) $143.50 Deposits 15.00 66.10 451.88 $ 800.00 319.24 Deduct: BANK RECONCILIATION $ 4,720.33 Bank balance Add: Deposit in transit Balance $ 4,500.75 4,357.25 5,157.25 4,838.01 4,823.01 Number 960 Number 961 4,705.33 Ending bank balance 800.00 400.30 BALANCE $4,500.75 -143.50 4357.25 -66.10 4291.15 800.00 5091.15 -451.88 4639.27 -319.24 4320.03 400.30 $ 4720.33 $ 4,705.33
NUMBER 959 960 960 961 962 962 Date 8/1 balance 8/18 8/19 8/26 8/30 RECORD ALL CHARGES OR CREDITS THAT AFFECT YOUR ACCOUNT ✓ FEE (IFANY) DEPOSIT/ CREDIT (+) (-) $ $ Deduct: Service charge DATE 2022 8/7 AT&T 8/15 Staples 8/19 Deposit 8/20 West Electric 8/24 Bank of America 7/29 Deposit Lee.com checkbook balance DESCRIPTION OF TRANSACTION Ending checkbook balance BANK STATEMENT Checks $143.50 319.24 15.00 SC $ PAYMENT/ DEBIT (-) $143.50 Deposits 15.00 66.10 451.88 $ 800.00 319.24 Deduct: BANK RECONCILIATION $ 4,720.33 Bank balance Add: Deposit in transit Balance $ 4,500.75 4,357.25 5,157.25 4,838.01 4,823.01 Number 960 Number 961 4,705.33 Ending bank balance 800.00 400.30 BALANCE $4,500.75 -143.50 4357.25 -66.10 4291.15 800.00 5091.15 -451.88 4639.27 -319.24 4320.03 400.30 $ 4720.33 $ 4,705.33
Chapter4: Operating Activities: Sales And Cash Receipts
Section: Chapter Questions
Problem 2.4C
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning
Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning