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Exercise 7-24 (Part Level Submission) Sheffield Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash
Exercise 7-24 (Part Level Submission) Sheffield Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records June 30 Bank Reconciliation $23,800 5,236 Balance per bank Add: Deposits in transit Deduct: Outstanding checks Balance per books (6,800) $22,236 Month of July Results Per Bank Per Books $29,410 $31,450 17,000 19,754 13,600 10,540 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) 3,400 51 1,139 Your answer is partially correct. Try again. Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balanoe SHEFFTELD LANSBURY COMPANY
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