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Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Maplewood Co. for July 2016: 1. Cash balance

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Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Maplewood Co. for July 2016: 1. Cash balance according to the company's records at July 31, 2016, $22,340. 2. Cash balance according to the bank statement at July 31, 2016, $23,570. 3. Checks outstand ing, $4,540. 4. Deposit in transit, not recorded by bank, $3,640. 5. A check for $480 in payment of an account was erroneously recorded in the check register as $840. 6. Bank debit memo for service charges, $30. Journalize the entries that should be made by the company, part (A) Error and part (B) Service Charge. a. 2016 July 31 b. July 31

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