Prepare a Bank Reconciliation Statement for XYZ company that has:
Prepare a Bank Reconciliation Statement for XYZ company that has:
· Bank statement of $9,000.
- Cash account of $7,500.
Additional information for the reconciliation:
ü Deposit in transit.
ü NSF Check.
ü Outstanding check.
ü Collections made by the bank.
Required: provide an amount of each information to bring the adjusted balances to be equal