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

Laura 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

$ 37,800

Add: Deposits in transit

8,316

Deduct: Outstanding checks

( 10,800

)

Balance per books

$ 35,316

Month of July Results

Per Bank

Per Books

Balance July 31 $ 46,710 $ 49,950
July deposits 24,300 31,374
July checks 21,600 16,740
July note collected (not included in July deposits) 8,100
July bank service charge 81
July NSF check from a customer, returned by the bank (recorded by bank as a charge) 1,809

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image text in transcribed

Bank Reconciliation $ $ $ $ $ (b) Prepare the general journal entry to correct the Cash account. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit

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