Xenon, Inc.’s August 31 Banl Statement had an ending cash balance of $2,657. On August 31, Xenon’s general ledger showed a balance of $860. After comparing the general ledger to the bank statement, the following items were noted: “ Outstanding checks, $2,250 “ Interest paid by the bank, $12 “ An NSF check from one of Xenon’s customers, $32 “ Deposits in transit, $1,900 “ Service fee charged by the bank, $8 “ A direct deposit from a customer, $1,400 “ Check #345 was written to Acme Insurance; the amount of the check was $615. It was recorded in the general ledger for $600. Prepare a bank reconciliation for Xenon, Inc. Make the required journal entries associated with the bank reconciliation. Place your order now for a similar paper and have exceptional work written by our team of experts to guarantee you A Results Why Choose US 6+ years experience on custom writing 80% Return Client Urgent 2 Hrs Delivery Your Privacy Guaranteed Unlimited Free Revisions
