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Coastal Enterprises provides the following bank statement and cash account information for July 2023: Bank Statement (July 2023) Description Amount ($) Beginning Balance $30,000 Deposits

Coastal Enterprises provides the following bank statement and cash account information for July 2023:

Bank Statement (July 2023)

Description

Amount ($)

Beginning Balance

$30,000

Deposits

$40,000

Withdrawals

($35,000)

Bank Service Charges

($150)

Ending Balance

$34,850

Cash Account (July 2023)

Description

Amount ($)

Beginning Balance

$25,000

Deposit in Transit

$10,000

Outstanding Checks

$15,000

Bank Service Charges

($150)

Ending Balance

?

Prepare a bank reconciliation statement for Coastal Enterprises' cash account as of July 31, 2023.

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