Essay
Finn Company has just received its June 30 bank statement from City Bank. The bank statement and the cash account, summarized below, are to be reconciled for the month of June.
Balance, June 1 $6,800
Required:
a. Prepare a bank reconciliation using the following format:
b. Give the journal entries that should be made in the accounts of Finn Company as a result of the above bank reconciliation.
Correct Answer:

Verified
Correct Answer:
Verified
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