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Prepare a bank reconciliation at July 31, 2022. (List items that increase cash balance first. Reconcile cash balance per bank first.) Journalize the adjusting entries
Prepare a bank reconciliation at July 31, 2022. (List items that increase cash balance first. Reconcile cash balance per bank first.) Journalize the adjusting entries at July 31 on the books of Monty Corp.. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) The following information pertains to Monty Corp.. 1. Cash balance per bank, July 31,$9,543. 2. July bank service charge not recorded by the depositor $33. 3. Cash balance per books, July 31,$9,564. 4. Deposits in transit, July 31,$3,090. 5. $1,906 collected from a customer for Monty Corp. in July by the bank through electronic funds transfer. The collection has not been recorded by Monty Corp. 6. Outstanding checks, July 31,$1,196
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