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Exercise 7-24 Elizabeth 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 $14,000 Add: Deposits in transit 3,080 Deduct: Outstanding checks 4,000 Balance per books $13,080 Month of July Results 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) Per Bank Per Books $17,300 $18,500 9,000 11,620 8,000 6,200 3.000 30 670 Drepare a bank reconciliation going from balance per bank and balance per book to correct cash balance. ELIZABETH LANSBURY COMPANY Bank Reconciliation July 31 Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance. ELIZABETH LANSBURY COMPANY Bank Reconciliation July 31 v $