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3. Carter Inc. has the following information for July: Cash T-Account Balance, July 31 Cash as per Bank Statement, July 31 Deposits in Transit Service
3. Carter Inc. has the following information for July: Cash T-Account Balance, July 31 Cash as per Bank Statement, July 31 Deposits in Transit Service Charges Outstanding Checks Interest Earned on Account EFT Accounts Receivable Collection from Customers $8,069 6,522 3,000 27 550 30 900 a Prepare a bank reconciliation dated July 31. b. Prepare any journal entries necessary to make the accounting records correct and complete. C. What amount of cash should be reported on the July 31 Balance Sheet
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