Kansas Company has hired you to reconcile its bank statement and cash account.For June,the Cash account showed the following:
The June bank statement,just received,showed the following:
There were no outstanding cheques or deposits in transit at May 31.A.Prepare the reconciliation using the format below: B.The bank reconciliation requires that certain entries be made in the depositor's books; the journal entries are: C.The June 30 statement of financial position should report a cash balance of $_________________.

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The Answer of Kansas Company has hired you to reconcile its bank statement and cash account.For June,the Cash account showed the following:
The June bank statement,just received,showed the following:
There were no outstanding cheques or deposits in transit at May 31.A.Prepare the reconciliation using the format below: B.The bank reconciliation requires that certain entries be made in the depositor's books; the journal entries are: C.The June 30 statement of financial position should report a cash balance of $_________________.

Kansas Company Has Hired You to Reconcile Its Bank Statement