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Karen Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. June 30 Bank Reconciliation

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Karen Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. June 30 Bank Reconciliation Balance per bank $25,200 Add: Deposits in transit 5,544 Deduct: Outstanding checks (7,200) Balance per books $23,544 Month of July Results Per Bank Per Books $31,140 $33,300 20,916 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) 16,200 14,400 5,400 11,160 54 1,206 (a) Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance. KAREN LANSBURY COMPANY Bank Reconciliation $ $ $ $ |

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