Honolulu Cookie Company provides the following information in order for you to prepare the company's bank reconciliation:
Balance per company records at end of month $53,300
Bank service charge for the month 200
NSF check returned with bank statement 1,400
Outstanding checks at month end 18,800
Balance per bank at end of month 62,500
Deposit in transit at month end 8,000
Answer for bank reconciliation
Honolulu Cookie Company
Bank Reconciliation Statement
Particulars Amount in $
Balance per company records at end of month 53,300
Add:
Outstanding checks at month end 18,800
72,100
Less:
NSF check returned 1,400
Bank charges 200
Deposit in transit at month end 8,000
Balance per bank at end of month 62,500