Check no. 2350 was outstanding from June. The credit memo was for collection of notes receivable. All checks were paid at the correct amount. The debit memo was for printed checks. The June 30 bank reconciliation showed a deposit in transit of $1,101. The unadjusted Cash account balance at July 31 was $14,128. Required a. Prepare the bank reconciliation for Park Valley Spa at the end of July. b. Record in general journal form any necessary entries to the Cash account to adjust it to the true cash balance. Check no. 2350 was outstanding from June. The credit memo was for collection of notes receivable. All checks were paid at the correct amount. The debit memo was for printed checks. The June 30 bank reconciliation showed a deposit in transit of $1,101. The unadjusted Cash account balance at July 31 was $14,128. Required a. Prepare the bank reconciliation for Park Valley Spa at the end of July. b. Record in general journal form any necessary entries to the Cash account to adjust it to the true cash balance.
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Check no. 2350 was outstanding from June. The credit memo was for collection of notes receivable. Al...
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