Delta Inc.s books indicate a balance of $5,700 and the bank statement of July 31,...
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Delta Inc.s books indicate a balance of $5,700 and the bank statement of July 31, 2021 showed a balance of $6,400. Prepare the bank recinciliation for July 31, 2021 and record adjusting entries based on reconciling items include the following:
a. Interest Earned on bank balance for $155.00
b. Automatic payment made for Culligan Water on July 13th for $130 that was not booked
c. Bank statement shows an EFT receipt of rent revenue for $2,200 from Data Publishing
d. Deposit in transit, $1,600
e. Outstanding cheques: no. 105, $250.00 and no. 107, $540
f. Bank balance includes service chargesof $30 and Fees for NSF cheque for $35
g. Bank balance includes NSF cheque from RNB Cop. for $650
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