Business, 21.06.2021 15:50 HyperZ

Bank Reconciliation May 31, 2020 3
Cash balance per bank statement $ 7,209.60
Add: Deposit in transit $ 1,830.
Bank error - Tomins $ 480.00
$ 2,310.45
$ 9,520.05
Less: Outstanding checks $ 53.55
Adjusted Cash balance per Bank $ 9,466.50
Cash balance per books $ 6,100.50
Add: Electronic funds received $ 3,900.00
$ 10,000.50
Less:
NSF check $ 370.00
Error in May 12 Deposit $ 60.00
Error in recoridng Check No. 1181 $ 54.00
Check printing charge $ 50.00
Adjusted Cash balance per Books $ 534.00
$ 9,466.50
Prepare the necessary adjusting entries for Timmins Company at May 31, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Answers: 3

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Bank Reconciliation May 31, 2020 3
Cash balance per bank statement $ 7,209.60
Add: Dep...

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