Consider the following general ledger and bank statement for Top Salon.

Account:	Cash			GL. No. 101
Date	Explanation	Debit	Credit	Balance
Jul 1	Opening balance			8,300	DR
Jul 4	Mini Supplies-cheque #737		370	7,930	DR
Jul 10	HitHit Supplies-cheque #738		910	7,020	DR
Jul 12	Dez F	330		7,350	DR
Jul 15	Vivacious Inc-cheque #739		685	6,665	DR
Jul 19	CiG Ltd-cheque #740		860	5,805	DR
Jul 28	Deposit	2,500		8,305	DR

Bank Statement
Date	Explanation	Withdrawal	Deposit	Balance
Jul 1	Opening balance			8,300
Jul 4	Cheque #737	370		7,930
Jul 10	Cheque #738	910		7,020
Jul 10	EFT - Monthly Rent	810		6,210
Jul 12	Dez F		330	6,540
Jul 12	NSF cheque	330		6,210
Jul 12	NSF charge	32		6,178
Jul 15	Cheque #739	568		5,610
Jul 21	Cheque #8358	2,900		2,710
Jul 31	Service charges	36		2,674
Jul 31	Interest on bank account		31	2,705

Additional Information 1. On Jul 15, Top Salon purchased $568 worth of salon supplies from Vivacious Inc. 2. The salons cheque numbers are always three-digits in length.

Required a) Prepare a bank reconciliation for Top Salon on July 31, 2019. b) Prepare the necessary journal entries.

Do not enter dollar signs or commas in the input boxes. Do not use negative signs. Select the proper order for the headings of the Bank Reconciliation.

AnswerJuly 31, 2019Top SalonBank Reconciliation
AnswerJuly 31, 2019Top SalonBank Reconciliation
AnswerJuly 31, 2019Top SalonBank Reconciliation
Cash balance per bank statement		Answer	Cash balance per books		Answer
Add			Add
Outstanding deposit	Answer		Interest earned	Answer
Bank Error	Answer	Answer	Ledger error	Answer	Answer
Deduct outstanding cheques			Deduct
Cheque #740		Answer	EFT - Rent	Answer
			NSF Cheque	Answer
			NSF service charge	Answer
			Bank service charges	Answer	Answer
Adjusted bank balance		Answer	Adjusted book balance		Answer

Do not enter dollar signs or commas in the input boxes.

Date	Account Title and Explanation	Debit	Credit
2019
Jul 31	AnswerAccounts PayableAccounts ReceivableBank Charges ExpenseCashCost of Goods SoldEquipmentInsurance ExpenseInterest ExpenseInterest PayableInterest RevenueRent ExpenseSalaries ExpenseSales RevenueSalon SuppliesUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableBank Charges ExpenseCashCost of Goods SoldEquipmentInsurance ExpenseInterest ExpenseInterest PayableInterest RevenueRent ExpenseSalaries ExpenseSales RevenueSalon SuppliesUnearned Revenue		Answer
	Correct error on cheque #739
Jul 31	AnswerAccounts PayableAccounts ReceivableBank Charges ExpenseCashCost of Goods SoldEquipmentInsurance ExpenseInterest ExpenseInterest PayableInterest RevenueRent ExpenseSalaries ExpenseSales RevenueSalon SuppliesUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableBank Charges ExpenseCashCost of Goods SoldEquipmentInsurance ExpenseInterest ExpenseInterest PayableInterest RevenueRent ExpenseSalaries ExpenseSales RevenueSalon SuppliesUnearned Revenue		Answer
	Record interest earned for the month of July
Jul 31	AnswerAccounts PayableAccounts ReceivableBank Charges ExpenseCashCost of Goods SoldEquipmentInsurance ExpenseInterest ExpenseInterest PayableInterest RevenueRent ExpenseSalaries ExpenseSales RevenueSalon SuppliesUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableBank Charges ExpenseCashCost of Goods SoldEquipmentInsurance ExpenseInterest ExpenseInterest PayableInterest RevenueRent ExpenseSalaries ExpenseSales RevenueSalon SuppliesUnearned Revenue		Answer
	Record EFT - monthly rent
Jul 31	AnswerAccounts PayableAccounts ReceivableBank Charges ExpenseCashCost of Goods SoldEquipmentInsurance ExpenseInterest ExpenseInterest PayableInterest RevenueRent ExpenseSalaries ExpenseSales RevenueSalon SuppliesUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableBank Charges ExpenseCashCost of Goods SoldEquipmentInsurance ExpenseInterest ExpenseInterest PayableInterest RevenueRent ExpenseSalaries ExpenseSales RevenueSalon SuppliesUnearned Revenue		Answer
	Record NSF cheque returned by bank
Jul 31	AnswerAccounts PayableAccounts ReceivableBank Charges ExpenseCashCost of Goods SoldEquipmentInsurance ExpenseInterest ExpenseInterest PayableInterest RevenueRent ExpenseSalaries ExpenseSales RevenueSalon SuppliesUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableBank Charges ExpenseCashCost of Goods SoldEquipmentInsurance ExpenseInterest ExpenseInterest PayableInterest RevenueRent ExpenseSalaries ExpenseSales RevenueSalon SuppliesUnearned Revenue		Answer
	Record NSF charges from bank
Jul 31	AnswerAccounts PayableAccounts ReceivableBank Charges ExpenseCashCost of Goods SoldEquipmentInsurance ExpenseInterest ExpenseInterest PayableInterest RevenueRent ExpenseSalaries ExpenseSales RevenueSalon SuppliesUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableBank Charges ExpenseCashCost of Goods SoldEquipmentInsurance ExpenseInterest ExpenseInterest PayableInterest RevenueRent ExpenseSalaries ExpenseSales RevenueSalon SuppliesUnearned Revenue		Answer
	Record service charges for the month of July