Solved

Bank Reconciliation Information for Kaden Co $2,936\$ 2,936
(B) the Cash Account Balance Is

Question 169

Essay

Bank reconciliation information for Kaden Co. for May 31 is as follows:
​ (a) The bank statement balance is $2,936\$ 2,936 .
(b) The cash account balance is $3,194\$ 3,194 .
(c) Outstanding checks amounted to $465\$ 465 .
(d) Deposits in transit are $655\$ 655 .
(e) The bank service charge is $50\$ 50 .
(f) A check for $97\$ 97 for supplies was recorded as $79\$ 79 in the ledger. ​
Record the appropriate journal entry for Kaden Co.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents