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The following information pertains to Ivanhos Company 1. 3. 4. Cash balance per bank, July 31. $7,488. July bank service charge not recorded by the
The following information pertains to Ivanhos Company 1. 3. 4. Cash balance per bank, July 31. $7,488. July bank service charge not recorded by the depositor $43. Cash balance per books, July 21, 87,524. Deposits in transit, July 31, S2.860. $2,176 collected for Ivanhoe Company in July by the bank through electronic funds transfer. The collection has not been recorded by Ivanhos Company Outstanding checks, July 21, 8691. 5. Prepare a bank reconciliation at July 31, 2017. (List items that increase balance as per bank & books first.) IVANHOE COMPANY Bank Reconciliation S S List of Accounts Journalize the adjusting entries at July 31 on the books of Ivanhoe Company. (Credit account titles are automatically indented when amount is entered Do not indent manually) Debit Credit Date Account Titles and Explanation July To record electronic funds transfer received by bank) July To record bank service charge
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