available from the cash records.
BANK RECONCILIATIONBalance per bank
Add: Deposits in transit
Deduct: Outstanding checks
Balance per books
Month of April Results
Balance April 30
April note collected
(not included in April deposits)
April bank service charge
April NSF check of
a customer returned by the bank
(recorded by bank as a charge)
Calculate the amount of the April 30
(1) deposits in transit; and
(2) outstanding checks.
Show all your work for potential partial credit. (Points : 25)
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