Business, 14.02.2020 03:25, jackrider6563
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: 3
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The following information pertains to Lance Company.
1. Cash balance per bank, July 31, $7,328...
1. Cash balance per bank, July 31, $7,328...
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