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Please help me solve this asap! Thanks in advance! Barbara Lansbury Company deposits all receipts and makes all payments by check. The following information is
Please help me solve this asap! Thanks in advance!
Barbara Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. June 30 Bank Reconciliation $ 12,600 Balance per bank Add: Deposits in transit 2,772 Deduct: Outstanding checks (3,600) Balance per books $ 11,772 Month of July Results Per Bank Per Books Balance July 31 $ 15,570 $ 16,650 July deposits 8,100 10,458 July checks 7,200 5,580 July note collected (not included in July deposits) 2,700 July bank service charge 27 July NSF check from a customer, returned by the bank (recorded by bank as a charge) 603 Prepare the general journal entry to correct the Cash account. (If no entry is required, select "No Entry"for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit CreditStep by Step Solution
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