1)Directions
Using the data shown below and the accompanying July 2020 bank statement from
Death Star Credit Union (DSCU), prepare the July 2020 bank reconciliation for Acme, Inc.
2)General ledger Cash account
The controller spilled grease on the detail report that shows the cash balance per general ledger.
The exact amount is not known, but looks to be approximately $479,000.
3)Items on the June 2020 bank reconciliation
Deposits in transit:
Amount
51,419.75	recorded in books on 6/28/20
3,068.80	recorded in books on 6/29/20
Outstanding checks:
Check #	Amount
51753	2,112.03	written 5/31/20
52108	857.35	written 6/29/20
52109	6,069.88	written 6/29/20
52110	19,446.05	written 6/29/20
4)Transactions recorded in the general ledger during the month of July 2020
Deposits:
Date	Amount
7/9/2020	40,513.66	ACH
7/10/2020	53,877.55
7/13/2020	3,540.23
7/13/2020	49,400.01
7/14/2020	5,424.10
7/15/2020	37,032.82
7/16/2020	29,243.25
7/16/2020	53,596.22
7/17/2020	50,425.80	ACH
7/18/2020	46,803.88
7/20/2020	24,796.74
7/20/2020	39,038.93
7/24/2020	24,212.49
7/27/2020	28,962.06
7/29/2020	43,924.10
7/30/2020	12,194.81
7/31/2020	32,895.27
7/31/2020	62,185.15
Checks:
Check #	Date	Amount
52111	7/2/2020	6,436.26
52112	7/2/2020	23,383.59
52113	7/2/2020	15,329.22
52114	7/2/2020	6,098.67
52115	7/2/2020	6,526.03
52116	7/2/2020	7,828.48
52117	7/2/2020	7,268.70
52118	7/2/2020	7,750.37
52119	7/2/2020	21,682.39
52120	7/2/2020	5,878.70
52121	7/2/2020	15,891.71
52122	7/9/2020	8,713.20

5)Additional info

a)DSCU debited Acme's account on 7/24/20 for an installment loan payment.

The interest portion of the payment was $3,150.87.

b)Acme's bookkeeper tripped over a spare anvil laying in the office. After regaining consciousness, but still woozy, he

mistakenly recorded check #52163 for $1,500 higher than he should have. The item cleared the bank for the correct amount.