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The following information is for Pharoah Ltd. in July: 1. 2. 3. 4. Cash balance per bank, July 31, $10,750. Cash balance per books, July

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The following information is for Pharoah Ltd. in July: 1. 2. 3. 4. Cash balance per bank, July 31, $10,750. Cash balance per books, July 31. $8,854. Bank service charge, $50. Deposits in transit. $1,988. Electronic receipts from customers in payment of their accounts, $1.196, not previously recorded by the company. Outstanding cheques, $2,378. Cheque #373 was correctly written in the amount of $590 but was incorrectly recorded by the company's bookkeeper as $950. The cheque was written to buy office supplies. 5. 6. 7 (b) Prepare any journal entries required from the reconciliation. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit July 31 (To correct error in cheque 373) 31 (To record EFT deposits) 31 (To record bank service charge)

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