Using the Following Information, Prepare a Bank Reconciliation for Everest

Short Answer

Using the following information, prepare a bank reconciliation for Everest Ltd for 31 July.
a. The bank statement balance is $2,306.
b. The cash account balance is $2,930
c. Outstanding cheques totalled $585.
d. Outstanding deposit $1,175.
e. The bank service charge is $25.
f. A cheque for $98 for supplies was recorded as $89 in the ledger.