Prepare a bank reconciliation using Fancy Clothing Store's information for August 31.
• Two deposits made on August 31 were not on the bank statement, totaling $7,413.
• The note.
• August 31 balance in Cash was $11,677.
• The bookkeeper forgot to record check # 1578 for $843 which was cashed by the bank on August 15th.
• The balance on the bank bank collected an EFT payment on a note receivable for $2,750. Of this amount, $150 represented interest on the statement as of August 31 was $8,387.
• Bank service charge of $140 was shown on the bank statement.
• Checks #1572, 1606, and 1548, totaling $2,356, were not shown on the bank statement, even though the company had sent the checks.

Question

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The Answer of Prepare a bank reconciliation using Fancy Clothing Store's information for August 31.
• Two deposits made on August 31 were not on the bank statement, totaling $7,413.
• The note.
• August 31 balance in Cash was $11,677.
• The bookkeeper forgot to record check # 1578 for $843 which was cashed by the bank on August 15th.
• The balance on the bank bank collected an EFT payment on a note receivable for $2,750. Of this amount, $150 represented interest on the statement as of August 31 was $8,387.
• Bank service charge of $140 was shown on the bank statement.
• Checks #1572, 1606, and 1548, totaling $2,356, were not shown on the bank statement, even though the company had sent the checks.

Prepare a Bank Reconciliation Using Fancy Clothing Store's Information for August