The following information relates to Ivanhoe Limited's Cash account. The reconciled cash balance from June's...
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Accounting
The following information relates to Ivanhoe Limited's Cash account. The reconciled cash balance from June's bank reconciliation is $ During the month of July, Ivanhoe recorded cash receipts of $ and cash payments of $ in the general ledger Cash account. An examination of the company's July bank statement shows a balance of $ on July ; outstanding cheques $; deposits in transit $; EFT collections on account that were not yet recorded on the books $; NSF cheque $ NSF fee $; and bank service charges $ Determine the cash balance per Ivanhoe Limited's books. Cash balance Prepare the bank reconciliation at July List items that increase balance as per bank & books first. IVANHOE UTMITED Bank Reconciliation July $ $
The following information relates to Ivanhoe Limited's Cash account. The reconciled cash balance from June's bank reconciliation is
$ During the month of July, Ivanhoe recorded cash receipts of $ and cash payments of $ in the general ledger
Cash account. An examination of the company's July bank statement shows a balance of $ on July ; outstanding cheques
$; deposits in transit $; EFT collections on account that were not yet recorded on the books $; NSF cheque $
NSF fee $; and bank service charges $
Determine the cash balance per Ivanhoe Limited's books.
Cash balance
Prepare the bank reconciliation at July List items that increase balance as per bank & books first.
IVANHOE UTMITED
Bank Reconciliation
July
$
$
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