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Make a bank reconciliation for reed company

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    Assignment ID: FG132993027

    Question – From the following data, make a bank reconciliation for Reed Company as of 2010 October 31.

    Balance per bank statement, 2010 October 31 $14,974.00

    Ledger account balance 2010 October 31 $9,088.00

    Proceeds of a note collected by bank not yet entered in ledger (includes $500 of interest) $5954.00

    Bank service charges not yet entered by Reed Company $28.00

    Deposit in transit $1,680.00

    Outstanding checks:

    No. 327 $700.00

    No. 328 $288.00

    No. 329 $400.00

    No. 331 $252.00

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