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The book balance in the checking account of Kyri Enterprises as of November 30 is $296400 The bank statement shows an ending balance

The book balance in the checking account of Kyri Enterprises as of November 30 is $2,964.00. The bank statement shows an ending balance of $2,525.00. The following information is discovered by (1) comparing last month’s deposits in transit and outstanding checks with this month’s bank statement, (2) comparing deposits and checks written per books and per bank in the current month, and (3) noting service charges and other debit and credit memos shown on the bank statement.  Error on Check No. 321 Checkbook shows it was for $64.00, but it was actually written for $44.00. Accounts Payable was debited. *Funds were withdrawn by Susan Kyri for personal use. REQUIRED 1. Prepare a bank reconciliation as of November 30, 20--. 2. Prepare the required journalentries.

Apr 12 2020 View more View Less

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