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Pronghorn Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. June 30 Bank Reconciliation

Pronghorn Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records.

June 30 Bank Reconciliation

Balance per bank

$15,400

Add: Deposits in transit

3,388

Deduct: Outstanding checks

(4,400

)

Balance per books

$14,388

Month of July Results

Per Bank

Per Books

Balance July 31 $19,030 $20,350
July deposits 11,000 12,782
July checks 8,800 6,820
July note collected (not included in July deposits) 2,200
July bank service charge 33
July NSF check from a customer, returned by the bank (recorded by bank as a charge) 737

(b)

Prepare the general journal entry to correct the Cash account. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Account Titles and Explanation

Debit

Credit

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