Woods Company made the following journal entries related to its bank reconciliation for October 31,2016:
Required: a)Assuming that the unadjusted cash balance on Woods's books was $8,354.28,what was the true cash balance at the end of the month?
b)Prepare the portion of the bank reconciliation that begins with the unadjusted book balance and ends with the true cash balance.

Question

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The Answer of Woods Company made the following journal entries related to its bank reconciliation for October 31,2016:
Required: a)Assuming that the unadjusted cash balance on Woods's books was $8,354.28,what was the true cash balance at the end of the month?
b)Prepare the portion of the bank reconciliation that begins with the unadjusted book balance and ends with the true cash balance.

Woods Company Made the Following Journal Entries Related to Its