Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following information pertaina to Swifty Video Compary. 1. Cash balance per bank July 31,$8,003 2. July bankservice charge not recorded by the depositor $36

image text in transcribed
image text in transcribed
The following information pertaina to Swifty Video Compary. 1. Cash balance per bank July 31,$8,003 2. July bankservice charge not recorded by the depositor $36 3. Cash balance per books, July 31, $8,024. 4. Deposits in transit, July 31,51,870. 5. Bank collected \$1.270 note for 5wifty in July, plus interest $44, less fee $28. The collection has not been recorded by Swifty. and no interest has been accrued. 6. Outstanding checks, July 31, 5599 . Prepare a bank reconciliation at July 31. (List items that increase cash bolance first.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Message Brand And Dollars Auditing Marketing Operations

Authors: J. Mike Jacka, Peter R. Scott

1st Edition

163454000X, 9781634540001

More Books

Students also viewed these Accounting questions