The following information is available for Purple Bay Company regarding its June 30, 2011, bank statement:-Balance per bank statement is $9,250.34.- Balance per books is $7,831.78.+ Cheque #432 for $875.52 and cheque #444 for $1,478.25 were not returned with the June 30 bank statement.- A deposit in transit of $3,651.21 had not been received by the bank when the bank statement was generated.- A bank debit memo indicated an NSF cheque written by Bruce Garrett to Purple Bay Company on June 13 for $239.- A bank credit memo indicated a bank collection of $2,900 and interest revenue of $75 on June 20.- The bank statement indicated service charges of $20.Required:A bank reconciliation for Purple BAy Company dated June 30, 2011 and any required journal entries.
RECOMMENDED!!The following information is available for Purple Bay
Academic integrity note
Use this educational resource to build your understanding. Follow your institution’s rules and cite sources appropriately.

