5) Create in good form a Bank Reconciliation for XYZ Company as of July 31,...
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Accounting
5) Create in good form a Bank Reconciliation for XYZ Company as of July 31, 2022 based upon the following information; Bank statement balance says we have a balance of $1,000 Our cash account (book) says we only have $1,040 There is one outstanding cheque for $75 Interest revenue of $5 was earned There is an outstanding deposit of $100 There is a service charge of $20
Journalize all necessary entries to update our accounts
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