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*E 7-24 (Bank Reconciliation and Adjusting Entries) Angela Lansbury Company deposits all receipts and makes all payments by check. The following information is available from

*E 7-24 (Bank Reconciliation and Adjusting Entries) Angela Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. 10 Instructions (

a) Prepare a bank reconciliation going from the balance per bank and balance per book to the correct cash balance.

(b) Prepare the general journal entry or entries to correct the Cash account.

June 30 Bank Reconciliation
Balance per bank $7,000
Add: Deposits in transit 1,540
Deduct: Outstanding checks -2,000
Balance per books $6,540
MONTH OF JULY RESULTS
PER BANK PER BOOKS
Balance July 31 8,650 $9,250
July deposits 5,000 5,000 5,810
July checks 4,000 3,100
July note collected (not included in July deposits) 1,000
July bank service charge 15
July NSF check from a customer, returned by the bank (recorded by bank as a charge) 335

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