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problem 4-58A Bank Reconciliation Shortly after July 31, More 12 SO $ 775 1.200 S 0.144 3.100 311 4.500 4 7/9 7/12 7/15 7/19 7/24
problem 4-58A Bank Reconciliation Shortly after July 31, More 12 SO $ 775 1.200 S 0.144 3.100 311 4.500 4 7/9 7/12 7/15 7/19 7/24 7/29 7/31 7.100 1.580 634 3,780 1,492 7.000 3.99 5.477 4.13 649 350 677 18 4.620 575 5.735 15.142 Number 177 97 187 7/15 July cash transactions and balances on Morse's records are shown in the following T-account Cash Balance, 6/30 $ 7.609 Amount Check Check Check Check Date Deposited Number Amount 7/1 $12.500 176 58,100 186 1.SO 775 9.100 634 7.000 178 4.000 3.7 4,620 311 7/30 2.050 7.100 190 1.492 Total deposits $35.270 4,500 191 182 790 192 193 194 185 414 195 1.123 Balance, 7/31 $ 6,500 Total disbursements 536379 188 7/29 181 184 236 Required: 1. Prepare a bank reconciliation for July. 2. Prepare the journal entries made by Morse Corporation as a result of this reconciliation process 3. What amount is reported as cash on the balance sheet at July 31
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