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The following information is for Segura Corporation a. Balance per the bank statement dated July 31, 2014 is $31,400 b. Balance of the Cash account
The following information is for Segura Corporation a. Balance per the bank statement dated July 31, 2014 is $31,400 b. Balance of the Cash account on the company books as of July 31, 2014 is $21.045 c. The bank had collected a $500 note d. Cheque #460. for office supplies in the amount of $871, was recorded in the Cash Disbursements Joumal incorrectly as $8,771. e Included with the bank statement was an NSF cheque for $500 that had been received from a customer in payment of his account f. Bank service charges for the month amount to $25. g. Cheques written that had not cleared the bank by July 31, 2014 were: #469 $1,000 #484 $1,250 #482 $1,000 h. Bank deposit on July 31, 2014 for $800 does not appear on the bank statement Included with the bank statement was a $30 credit memorandum for interest earned on the bank account during the month Prepare a bank reconciliation statement as of July 31, 2014, as well as the necessary adjusting journal entries Enter the transaction letter as the description when entering the transactions in the journal Dates must be entered in the format ddimmm (e. January 15 would be 15an) Bank statement balance Add Deduct Outstanding cheques Adjusted bank balance General Joumal Page G Dane Account Explanation Debe Credit Segura Corporation Bank Reconciliation July 31, 2014 Book balance Add Deduct Adjusted book balance
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