Question
Alphas Company had the following banking information from its bank statement dated July 31, 2017: Item Amount Cash Balance per Bank (7/3/17) $3,350 Bank Service
Alphas Company had the following banking information from its bank statement dated July 31, 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 Alpha Company The following cheques had not cleared the bank as paid: 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 The following information was recorded in Alphas cash receipts ledger and have not yet been recorded in the bank statements: 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, in good form, the July 31, 2017 Bank Reconciliation for Alpha Company. Answer: Bank Reconciliation: Bank Reconciliation (Answer must fit into 6 line graph)
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