ALPHA COMPANY HAD THE FOLLOWING BANKING INFORMATION FROM ITS BANK STATEMENT DATED JULY31,2017

ITEM AMOUNT

CASH BALANCE PER BANK(7/3/17) $3,350

BANK SERVICE CHARGES 75

COLLECTION OF NOTE RECEIVABLE FROM

MR YANKEE INCLUDING THE INTEREST OF $145 3,145

CUSTOMER (MR WELCHER) RETURNED CHEQUE NSF 225

THE FOLLOWING ADDITIONAL INFORMATION WAS DETERMINED FROM A REVIEW OF THE CASH PAYMENTS & RECEIPTS AND THE CHEQUE REGISTER FOR THE ALPHA COMPANY

1. THE FOLOWING CHEQUES HAD NOT CLEARED THE BANK AS PAID AND SO ARE OUTSTANDING CHECKS

DATE CK # ACCOUNTS PAYABLE AMOUNT

5/25/17 1005 BRAVO OFFICE SUPPLY STORE $250

7/15/17 1025 ZULU ELECTRIC COMPANY 1,900

7/30/17 1030 BRAVO OFFICE SUPPLY STORE 250

2. The following information was recorded in Alpha's cash receipts ledger and have not yet been recorded in the bank statements. These are deposits in transit

DATE ITEM AMOUNT

5/25/17 STORE CASH SALES $200

7/31/17 STORE CASH SALES 200

7/31/17 CHEQUES FROM STORE SALES 5,500

7/31/17 Cash balance per General ledger(7/31/17) 4,005

PREPARE THE BANK RECONCILIATION AS OF JULY 31ST