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The following information is for David's Logistics company: The following information is for David's Logistics Company: 1 . Cash balance per bank, July 3 1
The following information is for David's Logistics company: The following information is for David's Logistics Company: Cash balance per bank, July $ July bank service charge not recorded by the depositor, $ Cash balance per books, July $ Deposits in transit, July $ Bank collected $ note for David's in July, plus interest $ less fee $ The collection has not been recorded by David's, and no interest has been accrued. Outstanding cheques, July $ Prepare a bank reconciliation at July List items that increase balance as per bank & books first.Question of $ v: $Question of Date Account Titles and Explanation Debit Credit July To record bank service charge expense. July To record collection of note receivable.
The following information is for David's Logistics company: The following information is for David's Logistics Company: Cash balance per bank, July $ July bank service charge not recorded by the depositor, $ Cash balance per books, July $ Deposits in transit, July $ Bank collected $ note for David's in July, plus interest $ less fee $ The collection has not been recorded by David's, and no interest has been accrued. Outstanding cheques, July $ Prepare a bank reconciliation at July List items that increase balance as per bank & books first.Question of $ v: $Question of Date Account Titles and Explanation Debit Credit July To record bank service charge expense. July To record collection of note receivable.
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