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

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Sharon Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the c records. June 30 Bank Reconciliation Balance per bank $35,000 Add: Deposits in transit 7,700 Deduct: Outstanding checks (10,000) Balance per books $32,700 Month of July Results Per Bank Per Books Balance July 31 July deposits July checks July note collected (not included in July deposits) July bank service charge $43,250 $46,250 22,500 29,050 20,000 15,500 7,500 75 July NSF check from a customer, returned by the bank (recorded by bank as a charge) 1,675 Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance. Outstanding checks from the June reconciliation cleared the bank in July. < SHARON LANSBURY COMPANY Bank Reconciliation A A $ +A $

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