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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: Cash balance according to
Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Maplewood Co. for July: Cash balance according to the company's records at July 31, $24, 710. Cash balance according to the bank statement at July 31, $25, 740. Checks outstanding, $5, 020. Deposit in transit, not recorded by bank, $4, 030. A check for $340 in payment of an account was erroneously recorded in the check register as $430. Bank debit memo for service charges, $50. Hide Journalize the entries that should be made by the company that (a) increase cash and (b) decrease cash
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