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Carol Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. June 30 Bank Reconciliation
Carol Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. June 30 Bank Reconciliation Balance per bank $32,200 Add: Deposits in transit 7,084 Deduct: Outstanding checks (9.200) Balance per books $30,084 Month of July Results Per Books Per Bank $39,790 20,700 18,400 6,900 $42,550 26,726 Balance July 31 July deposits July checks July note collected (not included in July deposits) July bank service charge July NSF check from a customer, returned by the bank (recorded by bank as a charge) 14,260 69 1,541 Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance. CAROL LANSBURY COMPANY Bank Reconciliation $ $ $ $ $
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