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Business, 20.12.2019 19:31 thebasedgodchri

Organic food co.'s cash account shows a $6,400 debit balance and its bank statement shows $5,790 on deposit at the close of business on august 31. august 31 cash receipts of $2,140 were placed in the bank’s night depository after banking hours and were not recorded on the august 31 bank statement. the bank statement shows a $210 nsf check from a customer; the company has not yet recorded this nsf check. outstanding checks as of august 31 total $2,020. in reviewing the bank statement, an $170 check written by organic fruits was mistakenly drawn against organic food’s account. the august 31 bank statement lists $110 in bank service charges; the company has not yet recorded the cost of these services. prepare a bank reconciliation using the above information.

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Organic food co.'s cash account shows a $6,400 debit balance and its bank statement shows $5,790 on...
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