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On July 31, 202x, the Cash balance according to Fyrgo company records Co., valued at $2,263, but the Bank Statement as of July 31 ,
On July 31, 202x, the Cash balance according to Fyrgo company records Co., valued at $2,263, but the Bank Statement as of July 31 , 202x, shows a balance of Cash of $1,183. After research, it was found several things that cause these differences, as follows: a. From a number of checks issued in July 202x, the following checks have not appeared in the Bank Statement : no.1236: $121 no. 3458:$221 no. 4569:$301 b. At the end of July 202x,$3,265 was recorded and deposited in the bank, but apparently it was not shown in the checking account. d. Hunter Inc.'s check no.4321 for $1,241, by the Bank was erroneous charged to Fyrgo Co. e. A check for $344 from Mr. Ferdy for repayment of the debt, turned out to be NSF. f. In the Credit Memo it is known that the Bank has succeeded in collecting Fyrgo, Promisory Note with a face value of $3,200 with interest of $62 and charged an administration fee of $12. Based on the data above, then make: 1. Bank Reconciliation as of 31Jul 202x. 2. Adjusting Entries as needed
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