Bank Reconciliation
Bank Reconciliation
The following information was included in the bank reconciliation for Rytton, Inc., for June.
What was the total of outstanding checks at the beginning of June? Assume all other reconciling items are listed.
Checks and charges recorded by bank in June, including a June service charge of $30 | $17,210 |
Service charge made by bank in May and recorded on the books in June | 20 |
Total of credits to Cash in all journals during June | 19,802 |
Customer’s NSF check returned as a bank charge in June (no entry made on books) | 100 |
Customer’s NSF check returned in May and redeposited in June | |
(no entry made on books in either May or June) | 250 |
Outstanding checks at June 30 | 13,260 |
Deposits in transit at June 30 | 600 |
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