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Johnson Corporation's bank statement for October reports an ending balance of $6,248

Question # 00269352
Subject: Business
Topic: General Business
Due on: 06/02/2016
Posted On: 05/03/2016 11:59 AM

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Johnson Corporation's bank statement for October reports an ending balance of $6,248, whereas Johnson's cash account shows a balance of $5,680 on October 31. The following additional information is available:
a. A $165 deposit made on October 31 was not recorded by the bank until November.
b. At the end of October, outstanding checks total $792.
c. The bank statement shows bank service charges of $20 not yet recorded by the company.
d. The company erroneously recorded for $397 a check actually written and paid by the bank for $379.
e. A $57 check from a customer, deposited by the company on October 29, was returned with the bank statement for lack of funds.

Required:
Prepare the October bank reconciliation for Johnson Corporation.
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Johnson Corporation's bank statement for October reports an ending balance of $6,248

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