From the following particulars of Purple New Co., prepare the bank reconciliation statement as on May 31, 2016.
(a)The bank statement balance is $4,000.
(b)The cash account balance is $3,950.
(c)Outstanding checks amounted to $960.
(d)Deposits in transit are $900.
(e)The bank service charge is $75.
(f)Interest added to the checking account by the bank is $150.
(g)A check drawn for $65 was incorrectly charged by the bank as $150.

Question

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The Answer of From the following particulars of Purple New Co., prepare the bank reconciliation statement as on May 31, 2016.
(a)The bank statement balance is $4,000.
(b)The cash account balance is $3,950.
(c)Outstanding checks amounted to $960.
(d)Deposits in transit are $900.
(e)The bank service charge is $75.
(f)Interest added to the checking account by the bank is $150.
(g)A check drawn for $65 was incorrectly charged by the bank as $150.

From the Following Particulars of Purple New Co