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Hi can you please help me fill this out Bank Reconciliation and Entries The cash account for stone Systems at July 31 indicated a balance

Hi can you please help me fill this out

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Bank Reconciliation and Entries The cash account for stone Systems at July 31 indicated a balance or $17,750. The bank statement indicated a balance of $33,650 on July 31. Comparing the bank statement and the accompanying canceled checks and memos with the records reveals the following reconciling items: a. Checks outstanding totaled $17,865. b. A degosit of $9.15 , representing receipts of July 31, had been made too late to appear on the bank statement. c. The ank had collected $6,095 on a note left for collection. The face of the note was $5,750. d. A check for $390 retumed with the statement had been Incorrectly recorded by Stone Systems as $530. The check was for the payment of an obligation to Holland Co. for the purchase of ofce supplies on account. e. A check drawn for $1,810 had been incorrectly charged by the bank as 51,180. f. Bank service charges for July amounted to :30. Required: ) 1. Prepare a bank reconciliation. Stone Systems Bank Reconciliation July 31 Cash balance according to bank statement $1 Minsted balance Cash balance according to company's records |*||*' v v Adjusted balance 2. Journalize the necessary entries (a.) that increase cash and (b.) that decrease cash. The accounts have not been closed. For a compound entry, if an amount box does not require an entry, leave it blank. July 31 ' v v July 31 ' 3. If a balance sheet is prepared for Stone Systems on July 31, what amount should be reported as cash? s

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