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Question 2 (30 marks) The cash transactions and cash balances of Juno Company for July 2018 were as follows: 1 The ledger account for cash

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Question 2 (30 marks) The cash transactions and cash balances of Juno Company for July 2018 were as follows: 1 The ledger account for cash showed a balance of $125,868 at 31 July. 2 The July bank statement showed a closing balance of $115,128. Cash received on 31 July amounted to $16,000. It was left at the bank in the night depository box after banking hours on 31 July and therefore was not recorded by the bank in the July statement. 3 4 Also included with the July bank statement was a debit memorandum from the bank for $50 representing service charges for July

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