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The following information is for Sandhill Ltd, in July: 1. Cash balance per bank, July 31,$10,079 2. Cash balance per books, July 31, $8,897 3.
The following information is for Sandhill Ltd, in July: 1. Cash balance per bank, July 31,$10,079 2. Cash balance per books, July 31, \$8,897 3. Bank service charge, $39 4. Deposits in transit, $1,849 5. Electronic receipts from customers in payment of their accounts, $1,200, not previously recorded by the company 6. Outstanding cheques, $2,232 7. EFT payment of $450 for utilities, not previously recorded by the company 8. Cheque $373 was correctly written in the amount of $836 but was incorrectly recorded by the company's bookkeeper as $924. The cheque was written to buy supplies. Prepare the bank reconciliation at July 31. (List items that increase balance as per bank \& books first.)
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