Question

Problem 12 Points Baker Corp.’s cash of s39 for the month ending June 30, 2016 However, the bank reports balance information statement shows balance is $31,440. Additional from June’s bank statement and company records reveals the following Amount s 5,520 A deposit made by Baker is not reflected on the bank statement The bank deducted service fees from Baker’s account A check that Baker did not clear the bank (NSF checks written Baker cleared the bank An automatic withdrawal for insurance was made on June 30 The bank paid Baker interest record it in the accounting system. The Baker wrote a check but forgot to 1.000 check has cleared the bank account REQUIRED: Prepare a Bank reconci ation for June 30, 2016 for Baker Corp. and the reconciled cash balance Baker Corp. should report on its balance sheet.

 



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