Answer:
Explanation:
cash account balance $403,784
note collected by bank $50,630
Error in check ($8,244)
Bank service fees ($170)
reconciled cash account $446,000
bank account balance $468,460
outstanding checks ($73,870)
deposit in transit $51,230
error in charging check $180
reconciled bank account $446,000
Dr Cash 50,630
Cr Notes receivable 48,220
Cr Intertest revenue 2,410
Dr Accounts payable 8,244
Cr Cash 8,244
Dr Bank fees expense 170
Cr Cash 170
Cash balance = $446,000