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Nancy Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cas records. June 30 Bank Reconciliation
Nancy Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cas records. June 30 Bank Reconciliation Balance per bank $23,800 5,236 Add: Deposits in transit Deduct: Outstanding checks (6,800) Balance per books $22,236 Month of July Results Per Bank Per Books Balance July 31 $29,410 $31,450 July deposits 15,300 19,754 13,600 10,540 5,100 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) 51 1,139 Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance. Outstanding checks from the June reconciliation cleared the bank in July. NANCY LANSBURY COMPANY Bank Reconciliation $ > ( $ $ $ > >
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