Question #4

The following information was provided to you from Longview Landscape Supply Company:

a. The bank statement balance is $7,650

b. The general ledger cash account balance is $6,422

c. Outstanding checks totaled $1,650.

d. Deposits in transit are $900.

e. The bank service charge is $22.

f. A check for $50 was written in June for Supplies Expense, and it cleared the bank in June, however, it was recorded in the cash ledger of the company for $550 instead of $50.

Instructions

:Longview has requested that you prepare the following:

1. Bank Reconciliation

2. Journal entries based on the reconciliation you have prepared.

Typing please