Unformatted text preview: 54.60 519.60 Deduct: Bank service charges $ 50.00 NSF check 166.00 Book error: Deposit of $101.10 recorded as $1,011.00 909.90 (1,125.90 ) Adjusted balance, May 31 $ 9,359.04 2. The fallacy in the friend's reasoning is that only the company, not the bank, can make errors. A bank reconciliation is needed to detect errors and omissions on both the books and the bank’s records....
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This note was uploaded on 04/24/2008 for the course ENGLISH 101 taught by Professor Mz during the Fall '08 term at Saint Joseph's University.
- Fall '08