Bank Balance and Book Balance

 

 

 

Using the following information, prepare a bank reconciliation.

Create tables – one for the Bank and one for the Book. Bank Balance and Book Balance must equal.

Bank balance: $4,021

Book balance: $2,928

Deposits in transit: $1,111

Outstanding checks: $679

Bank charges: $35

Notes receivable: $1,325

Interest income: $235

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