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Prepare a bank reconciliation at July 31. Exercise 8-11 (Part Level Submission) The following information pertains to Crane Video Company. 1. Cash balance per bank,
Prepare a bank reconciliation at July 31.
Exercise 8-11 (Part Level Submission) The following information pertains to Crane Video Company. 1. Cash balance per bank, July 31, $8,183. 2. July bank service charge not recorded by the depositor $35 3. Cash balance per books, July 31, $8,204. 4. Deposits in transit, July 31, $1,960. 5. Bank collected $1,360 note for Crane in July, plus interest $43 ess fee $27. The collection has not been recorded by Crane, and no interest has been accrued 6. Outstanding checks, July 31, $598Step by Step Solution
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