Problem 8-4A The bank portion of the bank reconciliation for Langer Company at N
ID: 2553656 • Letter: P
Question
Problem 8-4A The bank portion of the bank reconciliation for Langer Company at November 30, 2017, was as follows. LANGER COMPANY Bank Reconciliation November 30, 2017 Cash balance per bank Add: Deposits in transit $14,467.90 2,530.20 16,998.10 Less: Outstanding checks Check Amount Check Number 3451 3470 3471 3472 3474 $ 2,260.40 720.10 844.50 1,426.80 56.506,308.30 Adjusted cash balance per $10,689.80 bank The adjusted cash balance per bank agreed with the cash balance per books at November 30 The December bank statement showed the following checks and deExplanation / Answer
Langer company
Bank reconciliation
Dec 31 2017
$
$
Cash Balance at the bank
21907.8
Add: Deposits in transit
1690.4
23598.2
Less: Outstanding checks
No 3470
720.1
no 3474
1056.5
No 3478
621.3
No 3481
807.4
No 3484
791.5
No 3486
889.5
4886.3
Adjusted cash balance as per bank
18711.9
Cash balance as per books
14285.2
Note collected by Bank
5285
19570.2
Less: NSF check
579.3
Error in recording check [520.80-250.80]
270
Error in deposit [2954-2945]
9
858.3
Adjusted cash balance as per books
18711.9
Langer company
Bank reconciliation
Dec 31 2017
$
$
Cash Balance at the bank
21907.8
Add: Deposits in transit
1690.4
23598.2
Less: Outstanding checks
No 3470
720.1
no 3474
1056.5
No 3478
621.3
No 3481
807.4
No 3484
791.5
No 3486
889.5
4886.3
Adjusted cash balance as per bank
18711.9
Cash balance as per books
14285.2
Note collected by Bank
5285
19570.2
Less: NSF check
579.3
Error in recording check [520.80-250.80]
270
Error in deposit [2954-2945]
9
858.3
Adjusted cash balance as per books
18711.9