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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.) The following information pertains
Prepare a bank reconciliation at July 31, 2022. (List items that increase cash balance first. Reconcile cash balance per bank first.)
The following information pertains to Whispering Winds Corp.. 1. 2. 3. 4. 5. Cash balance per bank, July 31, $9,003. July bank service charge not recorded by the depositor $38. Cash balance per books, July 31, $9,024. Deposits in transit, July 31, $2,820. $1,636 collected from a customer for Whispering Winds Corp. in July by the bank through electronic funds transfer. The collection has not been recorded by Whispering Winds Corp.. Outstanding checks, July 31, $1,201. 6Step by Step Solution
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