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The bank statement for Walter Company indicates a balance of $1,730 on June 30. The cash balance per books was $799 on this date. The

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The bank statement for Walter Company indicates a balance of $1,730 on June 30. The cash balance per books was $799 on this date. The following information pertains to the bank transactions for the company. 1. Deposits in transit of $160, representing cash receipts of June 30, did not appear on the bank statement. 2. Outstanding checks totaled $340. 3. Bank service charges for June amounted to $25. 4. The bank collected a note receivable for the company for $800 plus $56 interest revenue. 5. An NSF check for $80 from a customer was returned with the statement. Instructions Prepare a 2-column bank reconciliation for June 30 for Walter Company

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