A comparison of the balance in Cottonwood Company's cash account per its books as of April 30, 2016 and the bank statement dated April 30, 2016 revealed the following information: Required:
Prepare a complete bank reconciliation using the format below. In each section of the bank reconciliation indicate the proper handling of each of the items shown above by listing the appropriate item code letter and the respective amount.

Question

A comparison of the balance in Cottonwood Company's cash account per its books as of April 30, 2016 and the bank statement dated April 30, 2016 revealed the following information:  Required:
Prepare a complete bank reconciliation using the format below. In each section of the bank reconciliation indicate the proper handling of each of the items shown above by listing the appropriate item code letter and the respective amount.

Quizplus · Accepted Answer

The Answer of A comparison of the balance in Cottonwood Company's cash account per its books as of April 30, 2016 and the bank statement dated April 30, 2016 revealed the following information:  Required:
Prepare a complete bank reconciliation using the format below. In each section of the bank reconciliation indicate the proper handling of each of the items shown above by listing the appropriate item code letter and the respective amount.

A Comparison of the Balance in Cottonwood Company's Cash Account