Could you provide the bank reconciliation got this problem? my numbers aren\'t a

Question

Could you provide the bank reconciliation got this problem? my numbers aren't adding up

P7-3C On Ma S5,681.50. The b $7,964.60. facts y 31, 2014, Laban Company had a cash balance per books of ank statement from Citizens Bank on that date showed a balance of comparison of the statement with the Cash account revealed the following nd s. 1. The statem ent included a debit memo of $70 for the printing of additional company checks. in the bank. The cash receipts nd the deposit slip were incorrectly made for $796.15. The bank journal entry a credited Laban Company for the correct amount. $799.15. account. The check, which cleared the bank in May, was incorrectly journalized O checks at May 31 totaled $1,106.25, and deposits in transit were 4. On May 18, the company issued che ck No. 1181 for $685 to A. Hawkins, on and posted by Laban Company for $658. 5. A $2,500 note receivable was collected by the bank for Laban Company on May 6. Included with the cancelled checks was a check issued by Logan Company to D. 7. On May 31, the bank statement showed an NSF charge of $165 for a check 31plus $80 interest. The bank charged a collection fee of $42. No interest has been accrued on the note. Reyes for $290 that was incorrectly charged to Laban Company by the bank. issued by G. Verdier, a customer, to Laban Company on account Instructions (a) Prepare the bank reconciliation as of May 31, 2014. (b) Prepare the necessan adiunti

Explanation / Answer

Bank Reconcilation balance as per bank 7,964.60 Add: bank error 290 Add deposit in transit 799.15 1089.15 9,053.75 less: checks outstanding -1,106.25 Adjusted bank balance 7,947.50 Balance as per cash book 5,681.50 Add: note collected (2500+80-42) 2,538 8,219.50 less: printing charges 70 error in recording (796.15-786.15) 10 error in recording(685-658) 27 NSF 165 272 Adjusted cash balance 7,947.50

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