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Lapatulllka [165]
3 years ago
14

Using the following information:

Business
1 answer:
Leokris [45]3 years ago
7 0

Answer and Explanation:

The preparation of the bank reconciliation statement is presented below:

Bank balance  $3,780

Add: deposit in transit $649

Less: outstanding checks -$729

Adjusted bank balance $3,700

Cash balance $3,772

less: bank service charges $63

Less: error $9 ($39 - $30)

Adjusted cash balance $3,700

Hence, both cash balance and bank balance would be matched  

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