• The bank reconciliation prepared by Winfield Construction on June 30, 2023, appeared as follows: Winfield Construction Bank Reconciliation June 30, 2023 Bank statement balance $ 9,300 Book balance $ 9,920 Add: Deposit of June 30 in transit 1,420 $ 10,720 Deduct: Outstanding cheque #14 800 Adjusted bank balance $ 9,920 Adjusted book balance $ 9,920 The Cash account in the General Ledger appeared as follows on July 31: Cash Acct. No. 101 Date Explanation PR Debit Credit Balance 2023 June 30 Balance 9,920 July 31 CR3 4,870 14,790 31 CD6 3,023 11,767 A list of deposits made and cheques written during July, taken from the Cash Receipts Journal and Cash Disbursements Journal, is shown below: Deposits Made July 8 $ 1,250 11 1,610 24 1,393 31 617 Total July Cash Receipts $ 4,870 Cheques Written No. 52 $ 1,729 53 930 54 364 Total July Cash Disbursements $ 3,023 The following bank statement is available for July: Bank Statement To: Winfield Construction July 31, 2023 Bank of Montreal Cheques/Charges Deposits/Credits Balance 9,300 NSF 07/02 449 07/02 1,420 10,271 #52 07/08 1,729 07/08 1,250 9,792 #96 07/11 409 07/11 1,610 10,993 07/24 1,393 12,386 #54 07/31 364 07/31 12,022 NSF = Not Sufficient Funds SC = Service Charge PMT = Principal Payment INT = Interest In reviewing cheques returned by the bank, the bookkeeper noted that cheque #96 written by Winburn Construction in the amount of $409 was charged against Winfield’s account in error by the bank. The NSF cheque was regarding a customer account, Jim Anderson.