The Eric Manufacturing Company received its bank statement for the month ending May 31. The bank statement indicates a balance of $32,400. The cash account as of the close of business on May 31 has a balance of $8,350. In reconciling the balances, the following items are discovered.

Prepare a bank reconciliation statement. (Use the format of reconciling bank and depositor figures to corrected cash balance.)

Question

The Eric Manufacturing Company received its bank statement for the month ending May 31. The bank statement indicates a balance of $32,400. The cash account as of the close of business on May 31 has a balance of $8,350. In reconciling the balances, the following items are discovered.
  
Prepare a bank reconciliation statement. (Use the format of reconciling bank and depositor figures to corrected cash balance.)

Quizplus · Accepted Answer

The Answer of The Eric Manufacturing Company received its bank statement for the month ending May 31. The bank statement indicates a balance of $32,400. The cash account as of the close of business on May 31 has a balance of $8,350. In reconciling the balances, the following items are discovered.
  
Prepare a bank reconciliation statement. (Use the format of reconciling bank and depositor figures to corrected cash balance.)

The Eric Manufacturing Company Received Its Bank Statement for the Month