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Please help me with this problem. Thank you~ A 8: R Problem 7-2 Your assistant prepared the following bank reconciliation statement It appears that the

Please help me with this problem. Thank you~

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A 8: R Problem 7-2 Your assistant prepared the following bank reconciliation statement It appears that the statement is unacceptable and the task of preparing a proper reconciliation falls upon you. Brandon Company Bank Reconciliation May 31. 202 Balance per hooks May 31 $ 9,500 Add: Electronic Fund Transfer $1,060 Deposit in transit 2,455 3,515 $13,015 Deduct: Bank charges $ 10 NSF cheque, Rhonda Teal 500 Outstanding cheques 1,300 Error in cheque #?H: correctly issued and processed by the bank for $762, but incorrectly recorded in the books as $726 {Accounts PayableDelta Co.) 36 2,346 Indicated bank balance $10,669 Balance per bank statement 9,359 Discrepancy $ 1,310 Required: 1. Prepare a proper bank reconciliation showing the true Cash balance. BRANDON COMPANY Bank Reconciliation May 31, 2020 Company's Books Bank Statement Balance per books Balance per bank Add: Add: Deduct: Deduct: Adjusted book balance Adjusted bank balance2. Prepare the necessary journal entries. View transaction list Journal entry worksheet 2 Record to collection of EFT. Note: Enter debits before credits. Date General Journal Debit Credit May 31 Record entry Clear entry View general journal2. Prepare the necessary journal entries. View transaction list Journal entry worksheet Record to error, bank service charges, and NSF cheque. Note: Enter debits before credits. Date General Journal Debit Credit May 31 Record entry Clear entry View general journal

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