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QUESTION:

Alphas Company had the following banking information from its bank statement dated July 31, 2017:

Item	Amount
Cash Balance per Bank (7/3/17)	$3,350
Bank Service Charges	75
Collection of Note Receivable from Mr. Yankee including the interest of $145	3,145
Customer (Mr. Welcher) returned cheque NSF	225

The following additional information was determined from a review of the cash payments & receipts and the cheque register for Alpha Company

The following cheques had not cleared the bank as paid:

DATE	Ck #	Accounts Payable	Amount
5/25/17	1005	Bravo Office Supply Store	$250
7/15/17	1025	Zulu Electric Company	1,900
7/30/17	1030	Bravo Office Supply Store	250

The following information was recorded in Alphas cash receipts ledger and have not yet been recorded in the bank statements:

Date	Item	Amount
5/25/17	Store Cash Sales	$200
7/31/17	Store Cash Sales	$200
7/31/17	Cheques From Store Sales	5,500
7/31/17	Cash Balance per General Ledger (7/31/17)	4,005

Prepare, in good form, the July 31, 2017 Bank Reconciliation for Alpha Company.

ANSWER:

Bank Reconciliation:

Bank Reconciliation

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