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The following information is extracted from the bank statement and the accounting records of Sun...

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Accounting

The following information is extracted from the bank statement and the accounting records of Sun Corporation for the month of July, 2019:The following information is extracted from the bank statement and the accounting
records of Sun Corporation for the month of July, 2019:
Required:
Prepare a bank reconcilation for Sun on July 31,2019.
Prepare the joumal entries necessary to adjust Sun's books on July 31,
Bank Reconciliation
July 31,2019
Cash balance from books, July 31 $1,900.35
Cash balance from bank, July 311,923.20
NSF check returned by bank with bank statement 81.00
Note collected by bank on July 31190.00
Interest on preceding note 7.50
Bank service charge for July 3.40
Outstanding checks at end of July 150.00
Deposit in transit at the end of July 240.25
Required:
1. Prepare a bank reconciliation for Sun on July 31,2019.
2. Prepare the journal entries necessary to adjust Suns books on July 31,2019.
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