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sorry for the upside down first pix, tried to fix it in the second w BH UD Bank Reconciliation and Entries The cash account for

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sorry for the upside down first pix, tried to fix it in the second
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w BH UD Bank Reconciliation and Entries The cash account for Stone Systems at July 31, 2015, indicated a balance of $13,300. The bank statement indicatec a. Checks outstanding totaled $6,080. b. A deposit of $6,340, representing receipts of July 31, had been made too late to appear on the bank statement. c. The bank had collected $3,300 on a note left for collection. The face of the note was $3,130. d. A check for $400 returned with the statement had been incorrectly recorded by Stone Systems as $440. The chec e. A check drawn for $600 had been incorrectly charged by the bank as $60. f. Bank service charges for July amounted to $20. Required: 1. Prepare a bank reconciliation. 16,900 3.300 6,340 540 Stone Systems Bank Reconciliation July 31, 2045 Cash balance according to bank statement Add: Error in recording check by Stone Systems Deduct: Outstanding checks Deduct: Bank error in charging check as $60 instead of $600 Total deductions Adjusted balance Cash balance according to company's records Adjustments: Add: Note collected by bank, including $170 interest Add: Error in recording check by Stone Systems Total additions Deduct: Bank service charges Adjusted balance 5.800 14,400 16,900 600 40 17.540 20 17.520 2. Journalize the necessary entries (a.) that increase cash and (b.) that decrease cash. The accounts have not been close 2015 July 31 Cash 640 Notes Receivable Interest Revenue Accounts Payable-Holland Co. July 31 Miscellaneous Expense Cash 3. If a balance sheet were prepared for Stone Systems on July 31, 2015, what amount should be reported as cash

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