a. On July 31, the company's Cash account has a $24,968 debit balance, but its...
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a On July the company's Cash account has a $ debit balance, but its July bank statement shows a $ cash balance. b Check Number for $ Check Number for $ and Check Number for $ are outstanding checks as of July c Check Number for July rent expense was correctly written and drawn for $ but was erroneously entered in the accounting records as $ d The July bank statement shows the bank collected $ cash on a note for Branch. Branch had not recorded this event before receiving the statement e The bank statement shows an $ NSF check. The check had been received from a customer, Evan Shaw. Branch has not yet recorded this check as NSF f The July statement shows a $ bank service charge. It has not yet been recorded in miscellaneous expenses because no previous notification had been received. g Branch's July daily cash receipts of $ were placed in the bank's night depository on that date but do not appear on the July bank statement. Required: Prepare the bank reconciliation for this company as of July tableBRANCH COMPANYBank ReconciliationJuly Bank statement balance,,Book balance,,AddAdd,,FZFDeduct:Deduct:,,TEAdjusted bank balance,$Adjusted book balance,$
a On July the company's Cash account has a $ debit balance, but its July bank statement shows a $ cash balance.
b Check Number for $ Check Number for $ and Check Number for $ are outstanding checks as of July
c Check Number for July rent expense was correctly written and drawn for $ but was erroneously entered in the accounting records as $
d The July bank statement shows the bank collected $ cash on a note for Branch. Branch had not recorded this event before receiving the statement
e The bank statement shows an $ NSF check. The check had been received from a customer, Evan Shaw. Branch has not yet recorded this check as NSF
f The July statement shows a $ bank service charge. It has not yet been recorded in miscellaneous expenses because no previous notification had been received.
g Branch's July daily cash receipts of $ were placed in the bank's night depository on that date but do not appear on the July bank statement.
Required:
Prepare the bank reconciliation for this company as of July
tableBRANCH COMPANYBank ReconciliationJuly Bank statement balance,,Book balance,,AddAdd,,FZFDeduct:Deduct:,,TEAdjusted bank balance,$Adjusted book balance,$
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