Business, 31.10.2019 01:31 triss6

Exercise 9.6 preparing a bank reconciliation statement. lo 9-5, 9-6

di stefano office supply company received a bank statement showing a balance of $68,355 as of march 31, 2019. the firm’s records showed a book balance of $69,529 on march 31. the difference between the two balances was caused by the following items. a debit memorandum for $57, which covers the bank’s collection fee for the note (item 6). a deposit in transit of $4,050. a check for $255 issued by another firm that was mistakenly charged to di stefano’s account. a debit memorandum for an nsf check of $6,170 issued by wozniak construction company, a credit customer. outstanding checks: check 3782 for $2,550; check 3840 for $158. a credit memorandum for a $6,650 noninterest-bearing note receivable that the bank collected for the firm. prepare a bank reconciliation statement for the firm as of march 31.

prepare the necessary journal entries for march 31, 2019 from the statement.

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Exercise 9.6 preparing a bank reconciliation statement. lo 9-5, 9-6

di stefano office s...

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