1, RAM Company maintains its checking accoum with the Commerce Bank. The company is ready to prepare its December 31 bank reconciliation. The following data are available; a, The November 30 bank reconciliation showed the following: 1, Cash on hand (held by RAM company for day to day minor expenses), By 400 (included in RAM's cash account) 2 Deposit in transit. Bc. 2,000, and 3, Checks outstanding: No, 121 Br, 1,000 No, 130 Br, 2,000 No, 142 Br, 3,000 b, Book Siatement, December 31 ; . Balance; December 31 Br. 67,600 • Deposits: 188,500 . Checks ; No, 130, Br, 2,000: No. 142 , Br, 3,000; No, 143-76, Br,191,000 (196,000) ¤ Note collected for RAM company (including Br, 720 interest ) 16,720 ¤ NSF check, customer Binda (250) ¤ Bank service charges (20) ¯¯¯¯¯¯¯ ¤ Balance,December 31 Br, 76,550 Required: a, Determine dep



Answer :

Other Questions