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Patricia Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. June 30 Bank Reconciliation
Patricia 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 $9,800 Add: Deposits in transit 2,156 Deduct: Outstanding checks (2,800) Balance per books $9,156 Month of July Results Per Bank $12,110 6,300 5,600 2,100 Per Books $12,950 8,134 4,340 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) 21 469 Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance. PATRICIA LANSBURY COMPANY Bank Reconciliation July 31 $
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