The bank statement included a nsf from a customer for


The following info is for strand corp for the month end october 2013:

1. bank balance per bank statement is $4,000.00

2. the bank statement includes service charge of $ 30.00

3. there was an EFT deposit, collected by the bank, of $ 900 for a note receivable

4. checks # 541 for $205.00 and # 543 for $320.00 were not among the checks cleared thru strand's bank account

5. the october 31st deposit of $4,435.00 did not appear on this month bank statement

6. the bank statement included a NSF from a customer ,for $460.00

7. strand corps cash balance per their books was $7,500

Solution Preview :

Prepared by a verified Expert
Financial Accounting: The bank statement included a nsf from a customer for
Reference No:- TGS02510699

Now Priced at $10 (50% Discount)

Recommended (97%)

Rated (4.9/5)