The Following Information Is Available for Ashley Company for the Month

question 31

Essay

The following information is available for Ashley Company for the month ending June 30,2019.
• Balance as per the bank statement is $11,240.
• Balance as per books is $10,200.
• Check #506 for $1,200 and check #510 for $900 were not shown on the June 30 bank statement.
• A deposit in transit of $3,110 had not been received by the bank when the bank statement

• A bank debit memo indicated an NSF check for $85 written by Maddie Wolfe to

• A bank credit memo indicated a note collected by the bank of $2,100 and interest revenue

• The bank statement indicated service charges of $20.
Prepare bank reconciliation for Ashley Company for June 30,2019.

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Definitions:

Knowledge and Ability

Refers to the theoretical or practical understanding an individual has, as well as their capacity to apply it effectively in various situations.

Commitment to the Goal

A dedicated and persistent effort towards achieving a specified objective or result.

Feedback

Information provided to individuals or groups about their performance or behavior, intended to guide future improvements or adjustments.

Performance

Refers to how well an individual, group, or entity carries out assigned tasks or duties.