angela lansbury poyments by 7-24 L08 (BankReconciliation and Adjusting...

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Accounting

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poyments by 7-24 L08 (BankReconciliation and Adjusting Entries) Angela Lansbury Company deposits all receipts and makes all . The following information is available from the cash records. June 30 Bank Reconciliation Balance per bank Add: Deposits in transit Deduct: Outstanding checks Balance per books $ 7000 1,540 (2,000) $ 6,540 Month of July Results Balance July 31 July deposits July checks July note collected (not included in July deposits) July bank service charge July NSF check from a customer, returned by the bank Per Bank $8,650 5,000 4,000 1,000 Per Books $9,250 5810 3,100 15 335 (recorded by bank as a charge) Instructions a) Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance. (b) Prepare the general journal entry or entries to correct the Cash account

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