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Unformatted text preview: adjustments in part b. e. State how each bank transfer should be included in the December 31, 2009 bank reconciliation of the branch bank account after your adjustments in part c. W.R. Knechel Bank Reconciliation Jones Manufacturing, Inc. Bank ReconciliationSunshine Bank 12/31/x7 PBC A-1 WRK1/24/x8 Balance per Bank, 12/31/x7 2,000 A-1-1 Deduct: Outstanding checks #126, 12/26 800* #129, 12/30 200* #130, 12/30 1,200* #131, 12/30 1,250* 3,450 T Adjusted Bank Balance (1,450) T Balance per Books, 12/31/x7 (1,500) A Unrecorded adjustments: Interest credited by bank 50 ~ AJE1 Adjusted Book Balance (1,450) T AJE2 T Footed and total agrees *Traced outstanding checks to cash disbursements journal for 12/x7 and bank cutoff statement for 1/10/x8 received directly from bank. Amounts agree. ~ Traced bank adjustments to bank statement as of 12/31/x7. Amounts agree. NOTE: Cheque #131 was the last check issued in December, 20x7....
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This note was uploaded on 10/05/2011 for the course ACG 5637 taught by Professor Monikacaushoulli during the Fall '08 term at University of Florida.
- Fall '08