Business, 12.04.2021 22:00, msanger7587
Mary 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 $8,400
Add: Deposits in transit 1,848
Deduct: Outstanding checks (2,400 )
Balance per books $7,848
Month of July Results
Per Bank Per Books
Balance July 31 $10,380 $11,100
July deposits 5,400 6,972
July checks 4,800 3,720
July note collected (not included in July deposits) 1,800
July bank service charge 18
July NSF check from a customer, returned by the bank
(recorded by bank as a charge) 402
Required:
Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance.
Answers: 1
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Mary Lansbury Company deposits all receipts and makes all payments by check. The following informati...
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