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Canvas.com received a bank statement from Italian Bank... Canvas.com received a bank statement from Italian Bank indicating a bank balance of $8,000 Based on Canvas
Canvas.com received a bank statement from Italian Bank...
Canvas.com received a bank statement from Italian Bank indicating a bank balance of $8,000 Based on Canvas com's check stubs, the ending checkbook balance was 59 950 Your task is to prepare a bank reconciliation for Canvas.com as of July 31, 201X, from the following information (journalize entries as needed) i (Click the icon to view the information) 6 More Info Bank Reconciliation as of July 31, 2017 Checkbook balance Checkbook balance 8,850 Add: Proceeds of a Note Less Bank Charge 1,035 a. Checks outstanding no 122, 5820, no. 130, 5690 b. Deposits in transit, $2,100 c. Canvas.com forgot to record a $1,230 equipment purchase made with a debit card d. Bank service charges, $85 e. Italian Bank collected a note for Canvas com, $1,050, less a $15 collection fee. Deduct: NSF check Print Done Reconciled balanceStep by Step Solution
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