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Grier Food Store Used the Following Information in Recording Its 30$905 30 \quad \$ 905

Question 25

Essay

Grier Food Store used the following information in recording its bank reconciliation for the month of April. Balance per books April 30$905 30 \quad \$ 905
Balance per bank statement April 30 $11,300 \quad \$ 11,300 (1) Checks written in April but still outstanding $6,300.
(2) Checks written in March but still outstanding $2,800.
(3) Deposits of April 30 not yet recorded by bank $4,900.
(4) NSF check of customer returned by bank $500.
(5) Check No. 210 for $594 was correctly issued and paid by bank but incorrectly entered in the cash payments journal as payment on account for $549.
(6) Bank service charge for April was $40.
(7) A payment on account was incorrectly entered in the cash payments journal and posted to the accounts payable subsidiary ledger for $824 when Check No. 318 was correctly prepared for $284. The check cleared the bank in April.
(8) The bank collected a note receivable for the company of $6,000 plus $240 interest revenue.
Instructions
Prepare a bank reconciliation at April 30.

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