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*Problem 7-3A On July 31, 2017, Keeds Company had a cash balance per books of $6,140.00. The statement from Dakota State Bank on that date
*Problem 7-3A On July 31, 2017, Keeds Company had a cash balance per books of $6,140.00. The statement from Dakota State Bank on that date showed revealed the following facts. balance of $7,690.80. A comparison of the bank statement with the C 1. The bank service charge for July was $25.00. 2. The bank collected $1,520.00 for Keeds Company through electronic funds transfer. 3. The July 31 receipts of $1,193.30 were not included in the bank deposits for July. These receipts were deposited by the company in a night deposit vault on July 31. editor, for $384.00 that cleared the bank in July was incorrectly entered in the cash payments journal on Jul 0 for $348.00. 5. Checks outstanding on July 31 totaled $1.860.10. 6. On July 31, the bank statement showed an NSF charge of $575.00 for a check received by the company from W. Krueger, a customer, on account. Prepare the bank reconciliation as f July 31. (List items that increase balance as per bank & books first.) KEEDS COMPANY Bank Reconciliation Prepare the necessary adjusting entries at July 31. (Credit account titles are automatically indented when amount entered. Do not indent manually.) Account Titles and Explanation Debit Credit Date. July 31 (To record electronic funds transfer received by bank) 31. (To record NSF check) 31 recording check) (To correct erron 31 (To record bank service charge) Question Att
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