Reber Company _Bank Reconcilation

1.

The statement included a debit memo of $45.00 for the printing of additional company checks.

2.

Cash sales of $934.00 on May 12 were deposited in the bank. The cash receipts journal entry and the deposit slip were incorrectly made for $984.00. The bank credited Reber Company for the correct amount.

3.

Outstanding checks at May 31 totaled $967.25. Deposits in transit were $2,807.15.

4.

On May 18, the company issued check No. 1181 for $674 to Lynda Carsen on account. The check, which cleared the bank in May, was incorrectly journalized and posted by Reber Company for $647.

5.

A $3,391.00 note receivable was collected by the bank for Reber Company on May 31 plus $85.00 interest. The bank charged a collection fee of $25.00. No interest has been accrued on the note.

6.

Included with the cancelled checks was a check issued by Stiner Company to Ted Cress for $1,191.00 that was incorrectly charged to Reber Company by the bank.

7.

On May 31, the bank statement showed an NSF charge of $675.00 for a check issued by Sue Allison, a customer, to Reber Company on account.