The actual cash received from cash sales was $14,356, and the amount indicated by the cash register total was $14,290.

a.What is the amount deposited in the bank for the day's sales?

b.What is amount recorded for the day's sales?

c.How should the difference be recorded?

d.If a cashier is consistently over or short, what action should be taken?

The following data were accumulated for use in reconciling the bank account of Camela Co. for July:

a.Cash balance according to the company's records at July 31, $24,010.

b.Cash balance according to the bank statement at July 31, $22,750.

c.Checks outstanding, $7,350.

d.Deposit in transit, not recorded by bank, $9,100.

e.A check for $170 in payment of an account was erroneously recorded in the check register as $710.

f.Bank debit memo for service charges, $50.

Template for answering questions has been attached.

Exercise 5-13 a. b. c. d. Exercise 5-18 *Note: The two adjusted balances should be equal. Commander Co. Bank Reconciliation March 31, 20-- Cash balance according to bank statement Add $ $ - $ Deduct Adjusted Balance - - $ - Cash balance according to company's records Add Deduct Adjusted Balance