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1. Prepare a bank reconciliation 2.Journalize the necessary entries 3.If a balance sheet were prepared...

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Accounting

1. Prepare a bank reconciliation

2.Journalize the necessary entries

3.If a balance sheet were prepared for Stone Systems on July 31, 2015, what amount should be reported as cash?

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Obj 5 PR 7-3B Bank reconciliation and entries 1. Adjusted balance: The cash account for Stone Systems at July 31, 20Y5, indicated a balance of $24,305 statement indicated a balance of $33,650 on July 31, 20Y5. Comparing the bank statement and the accompanying canceled checks and memos with the records reveals the following reconciling items: A. Checks outstanding totaled $17,865 A deposit of $9,150, representing receipts of July 31, had been made too late to appear on the bank statement. The bank had collected $6,095 on a note left for collection. The face of the note was $5,750 A check for $390 returned with the statement had been incorrectly recorded by Stone Systems as $930.The check was for the payment of an obligation to Holland Co. for the purchase of office supplies on account. SHOW ME HOW EXCEL TEMPLATE B. C. D. GENERAL LEDGER E. A check drawn for $1,810 had been incorrectly charged by the bank as $1,180. F. Bank service charges for July amounted to $80

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