Business, 18.11.2019 21:31 JuJu4710

The cash account for american medical co. at april 30 indicated a balance of $89,775. the bank statement indicated a balance of $125,160 on april 30. comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: a. checks outstanding totaled $31,540. b. a deposit of $18,000, representing receipts of april 30, had been made too late to appear on the bank statement. c. the bank collected $24,075 on a $22,500 note, including interest of $1,575. d. a check for $1,700 returned with the statement had been incorrectly recorded by american medical co. as $170. the check was for the payment of an obligation to targhee supply co. for a purchase on account. e. a check drawn for $290 had been erroneously charged by the bank as $920. f. bank service charges for april amounted to $70. instructions 1. prepare a bank reconciliation. refer to the amount descriptions list provided for the exact wording of the answer choices for tex

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The cash account for american medical co. at april 30 indicated a balance of $89,775. the bank state...

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