Ch 7 Homework (GRADED) 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, 20Y0, 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. CASH ACCOUNT: Balance as of July 1 CASH RECEIPTS FOR MONTH OF JULY DUPLICATE DEPOSIT TICKETS: $9,576.00 6,467.42 Date and amount of each deposit in July: Date Amount Date Amount Date Amount July 2 $569.50 July 12 $580.70 July 23 $715.45 July 5 701.80 July 16 600.10 July 26 601.50 July 9 819.24 July 19 701.26 July 31 1,177.87 CHECKS WRITTEN: Number and amount of each check issued in July: Check No. Amount Check No. Amount Check No. Amount 614 $243.50 621 $309.50 628 $837.70 615 350.10 622 Void 629 329.90 616 279.90 623 Void 630 882.80 617 395.50 624 707.01 631 1,081.56 618 435.40 625 158.63 632 325.40 619 320.10 626 550.03 633 310.08 620 238.87 627 391.73 634 241.71 $8,389.42 Total amount of checks ssued in July BANK RECONCILIATION FOR PRECEDING MONTH: Sunshine Interiors Bank Reconciliation June 30, 2010 Cash balance according to bank statement Add: Deposit of June 30 not recorded by bank- $9,420.70 $780.80 Deduct: Outstanding Check No. 580 ($310.10) Outstanding Check No. 602 (85.50) Outstanding Check No. 612 (92.50) Outstanding Check No. 613 (137.40) Total deductions (625.50) Adjusted balance Cash balance according to company's records $9,576.00 $9,603.70 Check My Work Assignment Score: 76.47% Previous All work s Email Instructor Save and Exit Submit Assignment for Gradine