Using the Following Information, Prepare a Bank Reconciliation for Miller

Essay

Using the following information, prepare a bank reconciliation for Miller Co. for August 31:
(a)The bank statement balance is $4,690.
(b)The cash account balance is $5,080.
(c)Outstanding checks amounted to $715.
(d)Deposits in transit are $1,020.
(e)The bank service charge is $40.
(f)A check for $72 for supplies was recorded as $27 in the ledger.