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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, $686.1- prepare a bank reconciliation at july 31, 20172- journalize the adjusting entries at july 31 in the books of lance company
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The following information pertains to lance company.1. cash balance per bank, july 31, $7,328. 2. ju...
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