Bank Reconciliation and Entries Sunshine Interiors deposits all cash receipts each Wednesday and Friday in a night depository, after banking hours. The data required to reconcile the bank statement as of July 31 have been taken from various documents and records and are reproduced as follows. The sources of the data are printed in capital letters. All checks were written for payments on account BANK RECONCILIATION FOR PRECEDING MONTH DATED JUNE 303 Cash balance according to bank statement $9.422 80 Add deposit of June 30, not recorded by bank 7RO RO $10.203.60 Deduct outstanding check: No. 580 $210.10 No. 602 85.50 No. 612 9250 No. 68 137.50 625.60 Adjusted balance 595700 59.505.70 Canh balance according to company's records Deduct bank service charges 27.70 Adjusted balance $9.5700 CASH ACCOUNT: Balance of July 1 $9.578.00 CASH RECEIPTS FOR MONTH OF JULY 6.465.0 DUPLICATE DEPOSIT TIOKETS: Date and amount of each deposit in : Amount Date Amount Date hora July 2 556950 July 12 $580.70 July 23 $ 713.45 600 10 601.50 70126 OCKS WRITTEN: 2. Joumalize the necessary entries (a.) that increase cash and b.) that decrease cash. The accounts have not been closed. When required, enter armounts in dollars and cents. For a compound transaction fan amount box does not require an entry, leave it blank 3. What is the amount of Cash that should appear on the bace sheet of 317 1,000 Set 4. Aanume that a canceled check for $10 has been incorrectly recorded by the bank how the error would be closed in a bank reconciliation and how sh e rected CHECKS WRITTEN Number and amount of each check Check No. Amount mount $24350 350 10 395.50 415.40 325 40 320 10 310.08 228 87 627 241.71 Total amount of checks issued in July 58.379.42 Click here to see UNE BANK STATEMENT 1. Prepare a bank reconciliation as of July 31. ferrors in recording deposits or checks are discovered, sume that the errors were made by the company. Assure that all deposits are from cash sales All checks are written to satisfy accounts payable. When required, enter amounts in dollars and cents. Bank Reconciliation July 31, 2015 Bank Reconciliation and Entries Sunshine Interiors deposits all cash receipts each Wednesday and Friday in a night depository, after banking hours. The data required to reconcile the bank statement as of July 31 have been taken from various documents and records and are reproduced as follows. The sources of the data are printed in capital letters. All checks were written for payments on account BANK RECONCILIATION FOR PRECEDING MONTH DATED JUNE 303 Cash balance according to bank statement $9.422 80 Add deposit of June 30, not recorded by bank 7RO RO $10.203.60 Deduct outstanding check: No. 580 $210.10 No. 602 85.50 No. 612 9250 No. 68 137.50 625.60 Adjusted balance 595700 59.505.70 Canh balance according to company's records Deduct bank service charges 27.70 Adjusted balance $9.5700 CASH ACCOUNT: Balance of July 1 $9.578.00 CASH RECEIPTS FOR MONTH OF JULY 6.465.0 DUPLICATE DEPOSIT TIOKETS: Date and amount of each deposit in : Amount Date Amount Date hora July 2 556950 July 12 $580.70 July 23 $ 713.45 600 10 601.50 70126 OCKS WRITTEN: 2. Joumalize the necessary entries (a.) that increase cash and b.) that decrease cash. The accounts have not been closed. When required, enter armounts in dollars and cents. For a compound transaction fan amount box does not require an entry, leave it blank 3. What is the amount of Cash that should appear on the bace sheet of 317 1,000 Set 4. Aanume that a canceled check for $10 has been incorrectly recorded by the bank how the error would be closed in a bank reconciliation and how sh e rected CHECKS WRITTEN Number and amount of each check Check No. Amount mount $24350 350 10 395.50 415.40 325 40 320 10 310.08 228 87 627 241.71 Total amount of checks issued in July 58.379.42 Click here to see UNE BANK STATEMENT 1. Prepare a bank reconciliation as of July 31. ferrors in recording deposits or checks are discovered, sume that the errors were made by the company. Assure that all deposits are from cash sales All checks are written to satisfy accounts payable. When required, enter amounts in dollars and cents. Bank Reconciliation July 31, 2015