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Exercise 7.34 (Algo) Bank reconciliation and adjusting entries (Appendix 7AJ Harrison Company as a checking account at the First National Cry Ban The Dark edesa
Exercise 7.34 (Algo) Bank reconciliation and adjusting entries (Appendix 7AJ Harrison Company as a checking account at the First National Cry Ban The Dark edesa bark statement along with canceled checks on the last day of each month. Theuly 2021 bank statement incuded me following information 15.07 10 1920 (15 My 1, 2001 Deput Checs procesu Server than NOT the My not to directly by ra ( 12 in Dance, 221 The company general ledger account had a balance of $4143 at the end of July. Deposts outstanding totaled $7900 and all checks written by the company were processed by the bank except for those totaling $8.580. In adstion a $3.600 July deposit from a credit customer was recorded as a $360 debt to cash and credit to accounts receivable, and a check correctly recorded by the company as a $55 disbursement was incorrectly processed by the banks a $550 disbursement Required: 1. Prepare a bank reconciation for the month of July 2. Prepare the necessary journal entries at the end of July to adjust the general ledger cash account Complete this question by entering your answers in the tabs below. Reward1 Red Prepare the necessary journal entries at the end of July to adjust the general ledge cash account. (no entry round for transaction/event select "No journalty required in the first account fold) View transactional Journal entry worksheet 1 2 Record transaction to correct error in recording cash receipt from credit customer Event Geral Journal cody Record the credits to cash revealed by the bank recondition. Use the miscellaneous expense account to record the bank service charges D Event 2 General Jour Det
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