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Nancy Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. June 30 Bank Reconciliation
Nancy 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 $23,800 Add: Deposits in transit 5,236 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 July checks 13,600 10,540 July note collected (not included in July deposits) 5,100 July bank service charge 51 July NSF check from a customer, returned by the bank (recorded by bank as a charge) 1,139 Bank Reconciliation July 31 " |
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