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The following information pertains to Blossom Corporation. 1. Balance per bank, July 31, $5,862. 2. July bank service charge not yet recorded by Blossom, $23.
The following information pertains to Blossom Corporation. 1. Balance per bank, July 31, $5,862. 2. July bank service charge not yet recorded by Blossom, $23. 3. Balance per books, July 31, $6,132. 4. Deposits in transit, July 31, $2,160. 5. Electronic collection on account (EFT) from a customer, $1,713 not yet recorded by Blossom. 6. Outstanding cheques, July 31, $600. 7. Returned cheque from the deposit of a collection on account, $360, due to nonsufficient funds. Related bank service charge, $40. The charges will be added to the customer's account. Prepare a bank reconciliation at July 31, 2022. (List items that increase balance as per bank & books first.) BLOSSOM CORPORATION Bank Reconciliation July 31, 2022 Balance per bank statement $ Add Deposits in transit Less : Outstanding cheques $ $ Balance per books $ Add Balance per books $ ta Add
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