Business
Business, 06.04.2021 04:00, drea445

The following information pertains to Lance Company. 1. Cash balance per bank, July 31, $8,732.
2. July bank service charge not recorded by the depositor $45.
3. Cash balance per books, July 31, $8,768.
4. Deposits in transit, July 31, $3,500.
5. $2,023 collected for Lance Company in July by the bank through electronic funds transfer. The accounts receivable collection has not been recorded by Lance Company.
6. Outstanding checks, July 31, $1,486.

Required:
Prepare bank reconciliation at July 31, 2022.

answer
Answers: 1

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Do you know the correct answer?
The following information pertains to Lance Company. 1. Cash balance per bank, July 31, $8,732.

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