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Given the bank reconciliation of Parkview Company prepared on July 31,2015 , answer the fo11 w.inn mantinn (1)- (2)- (3)- (4)- (5)- 1. What amount
Given the bank reconciliation of Parkview Company prepared on July 31,2015 , answer the fo11 w.inn mantinn (1)- (2)- (3)- (4)- (5)- 1. What amount of cash should be reported in Parkview Company's balance sheet as of July 31? A. $5,000.17 B. $4,262.83 C. $4,787.57 D. $4,693.32 2. The cash balance per bank statement was adjusted by steps (1) and (2) (labelled in orange in the bank reconciliation), and the cash balance per depositor's records was adjusted by steps (3), (4), and (5). Finally, in step (6) we verify that the adjusted cash balances are the same. For which of these steps does Parkview Company need to make journal entries to adjust its accounting records? A. (1), (2) B. (3), (4), (5) C. (1), (2), (3), (4), (5) D. (1), (2), (3), (4), (5), (6)
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