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The following information is available for Sunset Valley Hotel for July 2014:

BANK STATEMENT STATE BANK Bolta Vista, NV 10001
Sunset Valley Hotel 10 Main Street Bolta Vista, NV 10001				Account number 12-4567 July 31, 2014
Beginning balance 6/30/2014				$ 9,052
Total deposits and other credits				29,984
Total checks and other debits				24,082
Ending balance 7/31/2014				14,954
Checks and Debits				Deposits and Credits
Check No.	Amount			Date		Amount
2350	$	3,784		July	1	$	1,123
2351		1,668		July	10		6,526
2352		8,023		July	15		4,958
2354		2,924		July	21		6,198
2355		1,428		July	26		5,990
2357		6,209		July	30		2,113
DM		46		CM			3,076
The following is a list of checks and deposits recorded on the books of the Sunset Valley Hotel for July 2014: Date Check No. Amount of Check Date Amount of Deposit July 2 2351 $ 1,668 July 8 $ 6,526 July 4 2352 8,023 July 14 4,958 July 10 2353 1,526 July 21 6,198 July 10 2354 2,924 July 26 5,990 July 15 2355 1,428 July 29 2,113 July 20 2356 767 July 30 3,575 July 22 2357 6,209 Other Information 1. Check no. 2350 was outstanding from June. 2. The credit memo was for collection of notes receivable. 3. All checks were paid at the correct amount. 4. The debit memo was for printed checks. 5. The June 30 bank reconciliation showed a deposit in transit of $1,123. 6. The unadjusted Cash account balance at July 31 was $13,206. Required a. Prepare the bank reconciliation for Sunset Valley Hotel at the end of July. b. How the adjustments described above affect the cash account. (If the adjustments does not effect the cash account then select "Not affected".) How the adjustments described above affect the cash account. (If the adjustments does not effect the cash account then select "Not affected".)

SUNSET VALLEY HOTEL Bank Reconciliation July 31, 2014 Unadjusted bank balance, July 31, 2014 0 0 0 0 True cash balance, July 31, 2014 Unadjusted book balance, July 31, 2014 0 0 0 True cash balance, July 31, 2014 0

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