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Bank reconcilliation and depreciation problem

See the attachment for a bank reconciliation and depreciation problem.

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Problem #1

Balance per statement, May 31 21,130
Add:
Deposit in transit 2,370
23,500
Less:
Outstanding checks 2,760
Adjusted balance 20,740

Balance per depositor's records, May 31 15,300
Add:
Note collected by bank ...

Solution Summary

This solution looks at a bank reconcilliation and depreciation problem.

$2.19