candentes The account for store Systemy 11, 2015, cated at 11,775 Theme balance of $14.700 on July 31, 2015. Comparing the them with the records reveals the following recoding a. Checks outstanding totaled 55.290. b. A deposit of $5.510, representing receipt of 31. had been made to wo c. The bank had collected $2.870 on a note left for collection. The face of the was 9.2 d. A check for $600 returned with the statement had been incorrectly recorded by Stone So The for the payment of an obligation to Holland Co. for the purchase of office supplies ont e. A check drawn for $300 had been incorrectly charged by the banks 130 1. Bank service charges for July amounted to $55. Required: 1. Prepare a bank reconciliation Stone Systems Bank Reconciliation July 31, 2015 Line Item Description Cash balance according to bank statement Amount Amount Total deductions Me How Stone Systems Bank Reconciliation July 31, 2015 Line Item Description Cash balance according to bank statement Amount Amount Total deductions Adjusted balance Cash balance according to company's records Adjustments Total additions Adjusted balance 2. Joumalize the necessary entries (a) that increase cash and (b) that decrease cash. The accounts have not been harders not require an entry, leave it blanc July 31, 2045 Line Item Description Cash balance according to bank statement A Add: Bank service charges Add: Deposit in transit on July 31 Add: Error in recording check by Stone Systems Add: Note collected by bank, including $150 interest Add: Outstanding checks Cash balance according to company's records Adjustments: Total additions Adjusted balance 2. Journalize the necessary entries (a.) that increase cash an closed. If an amount box does not require an entry, leave it b Check My Work A Adjusted balance 2. Journalize the necessary entries (2.) that increase cash and (b.) that decrease cash. The accounts have not been closed. If an amount box does not require an entry, leave it blank. Account Date Debit Credit 2015 July 31 Cash Interest Receivable Interest Revenue Notes Receivable Petty Cash July 31 3. If a balance sheet were prepared for Stone Systems on July 31, 2045, what amount should be reported as cath