1. 2. The following information is for Blossom Video Company: Cash balance per bank, July...
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Accounting
1. 2. The following information is for Blossom Video Company: Cash balance per bank, July 31, $7,100. July bank service charge not recorded by the depositor, $44. Cash balance per books, July 31, $7,120. Deposits in transit, July 31. $1.000. 5. Bank collected $570 note for Blossom in July. plus interest $40. less fee $36. The collection has not been recorded by Blossom, and no interest has been accrued. Outstanding cheques, July 31, $450. 3. 4 6. Prepare a bank reconciliation at July 31 (List Items that increase balance as per bank & books first.) -/14 E BLOSSOM VIDEO COMPANY Bank Reconciliation July 31 $ V Outstanding cheques Collection of note recelvable Deposits in transit Cash balance per bank statement Adjusted cash balance per bank Bank service charge $ $ Preparea bank reconciliation at July 21 Listhens the increasing esper bant & boots first) BLOSSOM VIDEO COMPANY Bank Recondition July 31 S S S automat Journalize the adjusting entries at July 31 on the books of Blossom Video Company. (Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) No. Account Titles and Explanation Debit July 31 Credit (To record the bank service charge) July 31 (To record the collection of the note) Souse Attempts: 0 of 2 used Submit Ansar
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