Business, 15.07.2020 02:01 pamelaacuna

The bank statement for Charlie’s Company indicates a balance of $1,730 on June 30. The cash balance per books had a balance of $799 on this date. The following information pertains to the bank transactions for the company. 1) Deposit of $260, representing cash receipts of June 30, did not appear on the bank statement.
2) Outstanding checks totaled $340.
3) Bank service charges for June amounted to $25
4) The bank collected a note receivable for the company for $900 plus $56 interest revenue.
5) An NSF check for $80 from a customer was returned with the statement.
Instructions
A) Prepare a bank reconciliation for June 30.
B) Prepare any adjusting entries necessary as a result of the bank reconciliation

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The bank statement for Charlie’s Company indicates a balance of $1,730 on June 30. The cash balance...

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