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1 2. 3. On July 31, 2022, Marin Company had a cash balance per books of $ 6,250. The statement from Dakota State Bank on
1 2. 3. On July 31, 2022, Marin Company had a cash balance per books of $ 6,250. The statement from Dakota State Bank on that date showed a balance of $ 7,800.80. A comparison of the bank statement with the Cash account revealed the following facts. The bank service charge for July was $ 20. The bank collected $1,630.00 for Marin Company through electronic funds transfer. The July 31 receipts of $ 1,308.30 were not included in the bank deposits for July. These receipts were deposited by the company in a night deposit vault on July 31. Company check No.2480 issued to L. Taylor, a creditor, for $ 394 that cleared the bank in July was incorrectly entered in the cash payments record on July 10 for $349. Checks outstanding on July 31 totaled $ 1,979.10. On July 31, the bank statement showed an NSF charge of $ 685.00 for a check received by the company from W. Krueger, a customer, on account. 4. 5. 6. Prepare the bank reconciliation as of July 31. (List items that increase balance as per bank & books first.) MARIN COMPANY Bank Reconciliation $ > >
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