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ACC - Ana just received her bank statement

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Question;Bank Reconciliation:Ana just received her bank statement and wanted to make sure that the balance in her checkbook was correct. Ana determined the following information:1. At the end of the month Ana?s check book showed a balance of $1832. The bank indicated that the balance in Ana?s account was $4753. Check number 104 for $60, check number 107 for $205 and check number 108 for $100 had not cleared the bank.4. A deposit of $140 did not show up in the bank statement.5. Since Ana wanted a paper statement the bank charged her $56. A check of $70, which was previously deposited, was returned by the bank plus a $10 service charge.7. Ana discovered that a check she had written for $236 had been incorrectly recorded in her check ledger at $263.8. A friend had wired directly to Ana?s account $125.Required:A. Determine the true cash balance for Ana?s checking account.B. Determine the amount of change in cash as a result of this statement.C. Determine the amount of change in expense as a result of this statement.

 

Paper#41956 | Written in 18-Jul-2015

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