The Following Information Is Available for the Tierney Company for the Month

question 29

Essay

The following information is available for the Tierney Company for the month of November.
On November 30,after all transactions have been recorded,the balance in the company's Cash account has a balance of $27,202.
The company's bank statement shows a balance on November 30 of $29,279.
Outstanding checks at November 30 include check #3030 in the amount of $1,525 and check #3556 in the amount of $1,459.
Included with the bank statement was a credit memo in the amount of $770 for an EFT in payment of a customer's account.
The bank deducted $67 for an NSF check from a customer deposited on November 22.
A deposit placed in the bank's night depository on November 30 totaled $1,675 and did not appear on the bank statement.
Examination of the checks on the bank statement with the entries in the accounting records reveals that check #3445 for the payment of an account payable was correctly written for $2,450,but was recorded in the accounting records as $2,540.
Included with the bank statement was a debit memorandum in the amount of $25 for bank service charges.
Required:
Prepare a bank reconciliation for Tierney Company as of November 30.

---

Definitions:

Pay Gap

The difference in remuneration for work done by individuals in different demographic groups, notably between genders, ethnicities, or other divisions, indicating socio-economic inequalities.

Working Women

Refers to women who are engaged in employment or labor, including both professional careers and informal work, marking their participation in the workforce.

Al Qaeda

A militant Islamist organization founded by Osama bin Laden in the late 1980s, known for coordinating and executing global acts of terrorism.