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I need to prepare a bank reconciliation and make necessary journal entries. Deposits were made on July 6 for $3,500 and on July 29 for
I need to prepare a bank reconciliation and make necessary journal entries. Deposits were made on July 6 for $3,500 and on July 29 for $2,350. The checkbook balance on July 31 is $4331.55. Notice the discrepancy in Check No. 302 that cleared on the check stub and in the journal as $650.
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