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The following information is available to reconcile Branch Company?s book balance of cash with its bank statement cash balance as of July 31, 2015. (Attached)
The following information is available to reconcile Branch Company?s book balance of cash with its bank statement cash balance as of July 31, 2015. (Attached)
1. Prepare the bank reconciliation for this company as of July 31, 2015.
2. Prepare the journal entries necessary to bring the company's book balance of cash into conformity with the reconciled cash balance as of July 31, 2015.
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