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Business, 11.03.2020 02:58 diamondgodbee123

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.

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