BANK RECONCILIATION

Adcock Plastics Company deposits all receipts and makes all payments by check. The following information is available from the cash records:

MARCH 31 BANK RECONCILIATION

Balance per bank $26,746

Add: Deposits in transit 2,100

Deduct: Outstanding checks (3,800)

Balance per books $25,046

Month of April Results

Per Bank Per Books

Balance April 30 $27,995 $24,355

April deposits 8,864 12,889

April checks 13,100 13,080

April note collected 3,000 -0-
(not included in April deposits)

April bank service charge 35 -0-

April NSF check of
a customer returned by the bank
(recorded by bank as a charge) 900 -0-

Instructions

(a) Calculate the amount of the April 30:

1. Deposits in transit

2. Outstanding checks

Show all your work for potential partial credit.

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...t for March 31. The credit given in April for April deposits would be 8,864-2,100=6,764. The total deposits made in April were 12,889. The remaining amount would be deposits in transit
Deposits in Transit as of April 30 = 12,889-6,764 = ...