As of May 31, the bank statement of Xi Company showed an ending balance of $8,632.52. The following information was available:
Required:Determine the true cash balance by preparing (only)the section of the bank reconciliation that starts with the bank balance.

Question

As of May 31, the bank statement of Xi Company showed an ending balance of $8,632.52. The following information was available:
  Required:Determine the true cash balance by preparing (only)the section of the bank reconciliation that starts with the bank balance.

Quizplus · Accepted Answer

The Answer of As of May 31, the bank statement of Xi Company showed an ending balance of $8,632.52. The following information was available:
  Required:Determine the true cash balance by preparing (only)the section of the bank reconciliation that starts with the bank balance.

As of May 31, the Bank Statement of Xi Company