The cash account for Stone Systems at July 31,20Y5, indicated a balance of $7,475. The...
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The cash account for Stone Systems at July Y indicated a balance of $ The bank statement indicated a balance of $ on July Y Comparing the bank statement and the accompanying canceled checks and memos with the records reveals the following reconciling items: Checks outstanding totaled $ A deposit of $ representing receipts of July had been made too late to appear on the bank statement. The bank had collected $ on a note left for collection. The face of the note was $ A check for $ returned with the statement had been incorrectly recorded by Stone Systems as $ The check was for the payment of an obligation to Holland Co for the purchase of office supplies on account. A check drawn for $ had been incorrectly charged by the bank as $ Bank service charges for July amounted to $
The cash account for Stone Systems at July Y indicated a balance of $ The bank statement indicated a balance of $ on July Y Comparing the bank statement and the accompanying canceled checks and memos with the records reveals the following reconciling items:
Checks outstanding totaled $
A deposit of $ representing receipts of July had been made too late to appear on the bank statement.
The bank had collected $ on a note left for collection. The face of the note was $
A check for $ returned with the statement had been incorrectly recorded by Stone Systems as $ The check was for the payment of an obligation to Holland Co for the purchase of office supplies on account.
A check drawn for $ had been incorrectly charged by the bank as $
Bank service charges for July amounted to $
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