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Exercise 7-24 Elizabeth Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. June 30

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Exercise 7-24 Elizabeth Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. June 30 Bank Reconciliation Balance per bank $14,000 Add: Deposits in transit 3,080 Deduct: Outstanding checks (4,000) Balance per books $13,080 Month of July Results Balance July 31 July deposits July checks July note collected (not included in July deposits) July bank service charge July NSF check from a customer, returned by the bank (recorded by bank as a charge) Per Bank Per Books $17,300 $18,500 9,000 11,620 8,000 6,200 3,000 30 670 Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance. ELIZABETH LANSBURY COMPANY Bank Reconciliation July 31 > SHOW LIST OF ACCOUNTS Prepare the general journal entry to correct the Cash account. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work

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