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Dinah Corp

Question 27

Essay

Dinah Corp. prepares monthly bank reconciliations of its checking account balance. The bank statement for June 2019 indicated the following: Dinah Corp. prepares monthly bank reconciliations of its checking account balance. The bank statement for June 2019 indicated the following: The correct amount of check # 3549 is $760, but it was recorded as a cash disbursement of $670. The check was issued to pay for merchandise purchased. The check was written correctly and appeared on the bank statement correctly. A)Prepare a bank reconciliation in proper form for June 30, 2019. B)What amount should be reported as the cash balance on the June 30, 2019 balance sheet? The correct amount of check # 3549 is $760, but it was recorded as a cash disbursement of $670. The check was issued to pay for merchandise purchased. The check was written correctly and appeared on the bank statement correctly.
A)Prepare a bank reconciliation in proper form for June 30, 2019.
B)What amount should be reported as the cash balance on the June 30, 2019 balance sheet?

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