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The cash account of Sunland Co, showed a ledger balance of $14,104,26 on June 30,2025 . The bank statement as of that date showed a
The cash account of Sunland Co, showed a ledger balance of $14,104,26 on June 30,2025 . The bank statement as of that date showed a balance of $14,940. Upon comparing the statement with the cash records, the following facts were determined. 1. There were bank service charges for June of $90. 2. A bank memo stated that Bao Dai's note for $4,320 and interest of $129.60 had been collected on June 29 , and the bank had made a charge of $19.80 on the collection. (No entry had been made on Sunland's books when Bao Dai's note was sent to the bank for collection.) 3. Receipts for June 30 for $12,204 were not deposited until July 2. 4. Checks outstanding on June 30 totaled $7,689.78. 5. The bank had charged the Sunland Co's account for a customer's uncollectible check amounting to $911.52 on June 29. 6. A customer's check for $324 (as payment on the customer's Accounts Receivablel had been entered as $216 in the cash recelpts journal by Sunland on June 15 . 7. Check no, 742 in the amount of $491 had been entered in the cash journal as $419, and check no, 747 in the amount of $209.52 had been entered as $2.095,20. Both checks had been issued to pay for purchases and were payments on 5 unland's Accounts Payable. Prepare a bank reconciliation dated June 30,2025 , proceeding to a correct chh balance. IEnter anmes to 2 decimol place, es. 125.62
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