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Determining the adjusted bank balance. Florence company received a bank statement showing a balnace of $13,550 on Nov. 30, 2019.

Determining the adjusted bank balance. Florence company received a bank statement showing a balnace of $13,550 on Nov. 30, 2019. during the banknreconciliation process, florence company accountant noted the folllowing bank errors: 1. a check of $265 issued by florentine inc, was mistankly charged to florence company account 2. check 2782 was written for $200 but was paid by the bank as $1,200 3. check 2920 for $85 was paid by tje bank twice. 4. a deposit for $58£ on Nov. 22 was credited bu the bank for $850 Assuming outstanding checks total $2,450, prpare the adjusted bank balance section of the nov. 30, 2019 bank reconciliation

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Balance per bank statement13550Add: Check wrongly deducted265 Error in... View the full answer

1 comment
  • is there a certain way i should write this i. such as in receipts journal entry or cash payment journal form?
    • tskpop
    • Apr 03, 2018 at 7:17pm

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