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The following information is for Ivanhoe Ltd. in July: 1. 2. 3. 4. 5. Cash balance per bank, July 31, $10,630. Cash balance per books,
The following information is for Ivanhoe Ltd. in July: 1. 2. 3. 4. 5. Cash balance per bank, July 31, $10,630. Cash balance per books, July 31, $9,067. Bank service charge, $30. Deposits in transit, $1,887. Electronic receipts from customers in payment of their accounts, $983, not previously recorded by the company. Outstanding cheques, $2,317. Cheque #373 was correctly written in the amount of $790 but was incorrectly recorded by the company's bookkeeper as $970. The cheque was written to buy office supplies. 6. 7. Prepare the bank reconciliation at July 31. (List items that increase balance as per bank & books first.) IVANHOE LTD. Bank Reconciliation July 31 $ : $
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