Elizabeth Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. June 30 Bank Reconciliation Balance per bank $14,000 Add: Deposits in transit 3,080 Deduct: Outstanding checks (4,000 ) Balance per books $13,080 Month of July Results Per Bank Per Books Balance July 31 $17,300 $18,500 July deposits 9,000 11,620 July checks 8,000 6,200 July note collected (not included in July deposits) 3,000 July bank service charge 30 July NSF check from a customer, returned by the bank (recorded by bank as a charge) 670 Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance.

Asmall town wants to build some new recreational facilities. the proposed facilities include a swimming pool, recreation center, basketball court and baseball field. the town council wants to provide the facilities which will be used by the most people, but they face budget and land limitations. the town has $400,000 and 14 acres of land. the pool requires locker facilities which would be in the recreation center, so if the swimming pool is built the recreation center must also be built. also, the council has only enough flat land to build the basketball court or the baseball field. the daily usage and cost of the facilities (in $1,000) are shown below. which facilities should they build? facilityusagecost ($1,000)landswimming pool4001002recreation center5002003basketball court3001504baseball field2001005