PA 11. LO 8.6 Inner Resources Company received the following bank statement. Using the information from Exercise 8.5 and Exercise 8.6, prepare the bank reconciliation. Beginning Balance Bank Statement $0 AD A. D. Deposits $8,500 1,200 Checks 101 $ 650 102 550 103 180 106 457 Bank service charges 100 Total 9,700 1,937 Ending Balance $7,763 PA 12. LO 8.6 Prepare the journal entry required to reconcile the book balance to the bank balance.
PA 11. LO 8.6 Inner Resources Company received the following bank statement. Using the information from Exercise 8.5 and Exercise 8.6, prepare the bank reconciliation. Beginning Balance Bank Statement $0 AD A. D. Deposits $8,500 1,200 Checks 101 $ 650 102 550 103 180 106 457 Bank service charges 100 Total 9,700 1,937 Ending Balance $7,763 PA 12. LO 8.6 Prepare the journal entry required to reconcile the book balance to the bank balance.
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 11PB: Leann Company received the following bank statement. Using the information from PB11 and PB12,...
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