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Business, 06.05.2020 04:03 kelleemaebarnha
The Cash account in the ledger of Big Sweep Co. showed a balance of $8,200 at September 30. The bank statement, however, showed a balance of $10,600 at the same date. The only reconciling items consisted of a $4,600 deposit in transit, a bank service charge of $25, and a large number of outstanding checks.
Prepare bank reconciliation date September 30, 2020 proceeding to correct cash balance.
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The Cash account in the ledger of Big Sweep Co. showed a balance of $8,200 at September 30. The bank...
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