The following information pertains to lance company.
1. cash balance per bank, july 31, $7,328...
Business, 07.11.2019 23:31, Leeyah6606
The following information pertains to lance company.
1. cash balance per bank, july 31, $7,328.
2. july bank service charge not recorded by the depositor $38.
3. cash balance per books, july 31, $7,364.
4. deposits in transit, july 31, $2,700.
5. $2,016 collected for lance company in july by the bank through electronic funds transfer. the collection has not been recorded by lance company.
6. outstanding checks, july 31, $686.
the following information pertains to lance compan
the following information pertains to lance compan
1- prepare a bank reconciliation at july 31, 2017
2- journalize the adjusting entries at july 31 on the books of lance company
Answers: 2
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