BOOK Print tem 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 30): Cash balance according to bank statement $9.422.80 Add deposit of June 30, not recorded by bank 780.00 Deduct outstanding checks: No. 580 $310.10 No. 602 85.50 No. 612 92.50 No. 613 137.50 (625.60) Adjusted balance $9,578,00 Cash balance according to company's records $9,605.70 Deduct bank service charges (27.70) Adjusted balance $9,578,00 CASH ACCOUNT Balance as of July 1 $9,578.00 CASH RECEIPTS FOR MONTH OF JULY 6,465.42 DUPLICATE DEPOSIT TICKETS Date and amount of each deposit in July Date Amount Date Amount Date Amount Buly 2 1569.50 July 12 180.70 Jul 23 $213.45 Check My Work more Check My Workson romaning Previous Amount Date Amount Date Amount Date July 2 5 July 12 $569.50 701.80 $580.70 $ 713.45 16 600.10 July 23 26 31 501.50 9 819.24 19 701.26 1.177.87 Check No. Amount 628 CHECKS WRITTEN Number and amount of each check issued in July Check No. Amount Check No. Amount $243.50 621 $309.50 615 350.10 622 Void 616 279.90 623 Void 61% 395.50 624 707.01 610 435.40 625 158.63 619 320.10 626 550.03 620 238.87 627 380.23 Total amount of checks issued in July Click here to see JULY BANK STATEMENT Required: $837.70 329.90 302.80 629 630 031 1,081.56 325,40 310.08 633 241.7 $5,379,42 1. Prepare a bank reconciliation as of Juy errors in recording deposits or checks are discovered, assume that the errors were made by the company, Assume that all deposits are from canh sales All checks are written to satisfy accounts payable. When required, enter amounts in dollars and cents. Sunshine Interiors Bank Reconciliation July 31, 2045 Cash balance according to bank statement Check My work more Check My Work uses remaining Previous Cash balance according to bank statement Adjusted balance Cash balance according to company's records QLO QUINO Adjusted balance 2. Journalize the necessary entries (a) that increase cash and (1.) that decrease cath. The accounts have not been closed When required, enter amounts in dollars and cents. If an amount box does not require an entry, leave it blank. *. 2015 July 31 Check my work more Check My Wones renang Previous Instructor Save and ENTI Submit Alert for Grading Boch Printem Adjusted balance 2. Soumalize the necessary entries (a.) that increase cash and (D.) that decrease cash. The accounts have not been closed. When required, enter amounts in dollars and cents. If an amount box does not require an entry, leave it blank. a. 2015 July 31 LIIII III b. July 31 110 3. What is the amount of Cash that should appear on the balance sheet as of July 317 4. Assume that a canceled check for $180 has been incorrectly recorded by the bank as $1,800, Select how the error would be included in a bank reconciliation and how It should be corrected. Treatment To correct