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speilberg conpany's general ledger shows a cash balance of $23,220 on July 31, 2024. Cash sales of $1885 for the last three days of the
speilberg conpany's general ledger shows a cash balance of $23,220 on July 31, 2024. Cash sales of $1885 for the last three days of the month have not yet been deposited. The bank statement dated July 31 shows bank service fees of $55 and a NSF check from customer of $250. The bank processes all checks written by the company by july 31 and lists them on the bank statement, except for one check totaling $1460. The bsnk statement shows a balance of $22,490 on july 31.
prepare a bank reconciliation to calculate the correct balance of cash on july 31, 2024
record the necessary entries to adjust the balance for cash
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