Question 3 of 3 1 5 View Policies Current Attempt in Progress The following information pertains to Cullumber Company 1 2 3 4 Cash balance per bank, July 31 $8,538, July bank service charge not recorded by the depositor $64 Cash balance per books, July 31, $8,574 Deposits in transit, July 31,$3 910 $3,226 collected for Cullumber Company in July by the bank through electronic funds transfer The collection has not been recorded by Cullumber Company Outstanding checks, July 31 5712 5 6 Prepare a bank reconciliation at July 31, 2017 (List items that increase balance as per bank books first ) CULLUMBER COMPANY Bank Reconciliation July 31, 2017 Adjusted cash balance per bank Bank service charge Add Lass Electronic funds transfer received $ S Question 3 of 3 1 55 Less V Electronic funds transfer received List of Accounts Journalize the adjusting entries at July 31 on the books of Cullumber Company (Credit account titles are automatically indented when amount is entered Do not indent manually) Date Account Titles and Explanation Debit Credit July 31 (To record electronic funds transfer received by bank) July 31 To record bank service charge

Question

Question 3 of 3     1 5 View Policies Current Attempt in Progress The following information pertains to Cullumber Company 1  2  3  4  Cash balance per bank, July 31  $8,538, July bank service charge not recorded by the depositor $64  Cash balance per books, July 31, $8,574  Deposits in transit, July 31,$3 910  $3,226 collected for Cullumber Company in July by the bank through electronic funds transfer  The collection has not been recorded by Cullumber Company Outstanding checks, July 31 5712  5  6  Prepare a bank reconciliation at July 31, 2017  (List items that increase balance as per bank   books first ) CULLUMBER COMPANY Bank Reconciliation July 31, 2017 Adjusted cash balance per bank Bank service charge Add Lass Electronic funds transfer received $ S Question 3 of 3    1 55 Less V  Electronic funds transfer received List of Accounts Journalize the adjusting entries at July 31 on the books of Cullumber Company  (Credit account titles are automatically indented when amount is entered  Do not indent manually) Date Account Titles and Explanation Debit Credit July 31 (To record electronic funds transfer received by bank) July 31 To record bank service charge

Accepted Answer

The Answer is in the image, click to view ...

Question

Question 3 of 3 - / 1.5 View Policies Current Attempt in Progress The following information pertains to Cullumber Company 1. 2. 3. 4. Cash

Step by Step Solution

Step: 1

Get Instant Access to Expert-Tailored Solutions

Step: 2

Step: 3

Ace Your Homework with AI

Recommended Textbook for

How To Audit Anything The Pink Book Of Auditing Any Process

Students also viewed these Accounting questions

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question