The following information pertains to the bank transactions of Rawlins Company:
a. Cash on the books as of April 30 was $499.Cash as shown on the bank statement for the same date was $1,330.
b. A deposit of $160,representing cash receipts as of April 30,did not apppear on the bank statement.
c. Outstanding checks totaled $240.
d. Bank service charges for April amounted to $9
e. The bank collected for Rawlins Company $840 (which includes $40 interest)on a note left for collection.
f. An NSF check for $80 from a customer,Joe Beck,was returned with the statement.
Required:
1. Prepare a bank reconciliation for Rawlins Company as of April 30.
2. State the amount of cash that would appear on the balance sheet as of April 30.

Question

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The Answer of The following information pertains to the bank transactions of Rawlins Company:
a. Cash on the books as of April 30 was $499.Cash as shown on the bank statement for the same date was $1,330.
b. A deposit of $160,representing cash receipts as of April 30,did not apppear on the bank statement.
c. Outstanding checks totaled $240.
d. Bank service charges for April amounted to $9
e. The bank collected for Rawlins Company $840 (which includes $40 interest)on a note left for collection.
f. An NSF check for $80 from a customer,Joe Beck,was returned with the statement.
Required:
1. Prepare a bank reconciliation for Rawlins Company as of April 30.
2. State the amount of cash that would appear on the balance sheet as of April 30.

The Following Information Pertains to the Bank Transactions of Rawlins