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The following information is available for Sunset Valley Hotel for July 2014: BANK STATEMENT STATE BANK Bolta Vista, NV 10001 Sunset Valley Hotel 10 Main

The following information is available for Sunset Valley Hotel for July 2014:

BANK STATEMENT STATE BANK Bolta Vista, NV 10001
Sunset Valley Hotel 10 Main Street Bolta Vista, NV 10001 Account number 12-4567 July 31, 2014
Beginning balance 6/30/2014 $ 9,052
Total deposits and other credits 29,984
Total checks and other debits 24,082
Ending balance 7/31/2014 14,954
Checks and Debits Deposits and Credits
Check No. Amount Date Amount
2350 $ 3,784 July 1 $ 1,123
2351 1,668 July 10 6,526
2352 8,023 July 15 4,958
2354 2,924 July 21 6,198
2355 1,428 July 26 5,990
2357 6,209 July 30 2,113
DM 46 CM 3,076

The following is a list of checks and deposits recorded on the books of the Sunset Valley Hotel for July 2014:

Date Check No. Amount of Check Date Amount of Deposit
July 2 2351 $ 1,668 July 8 $ 6,526
July 4 2352 8,023 July 14 4,958
July 10 2353 1,526 July 21 6,198
July 10 2354 2,924 July 26 5,990
July 15 2355 1,428 July 29 2,113
July 20 2356 767 July 30 3,575
July 22 2357 6,209

Other Information
1. Check no. 2350 was outstanding from June.
2. The credit memo was for collection of notes receivable.
3. All checks were paid at the correct amount.
4. The debit memo was for printed checks.
5. The June 30 bank reconciliation showed a deposit in transit of $1,123.
6. The unadjusted Cash account balance at July 31 was $13,206.

Required

a.

Prepare the bank reconciliation for Sunset Valley Hotel at the end of July.

image text in transcribed

b.

How the adjustments described above affect the cash account. (If the adjustments does not effect the cash account then select "Not affected".)

image text in transcribed

How the adjustments described above affect the cash account. (If the adjustments does not effect the cash account then select "Not affected".)

SUNSET VALLEY HOTEL Bank Reconciliation July 31, 2014 Unadjusted bank balance, July 31, 2014 0 0 0 0 True cash balance, July 31, 2014 Unadjusted book balance, July 31, 2014 0 0 0 True cash balance, July 31, 2014 0

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