The following information pertains to Tamarisk, Inc..

1.		Cash balance per bank, July 31, $7,923.
2.		July bank service charge not recorded by the depositor $37.
3.		Cash balance per books, July 31, $7,944.
4.		Deposits in transit, July 31, $1,830.
5.		The bank collected $1,246 in July for Tamarisk through electronic funds transfer. The collection has not been recorded by Tamarisk.
6.		Outstanding checks, July 31, $600.

(a)

Prepare a bank reconciliation at July 31. (List items that increase cash balance first. Reconcile cash balance per bank first.)

Tamarisk, Inc. Bank Reconciliation choose the accounting period July 31For the Month Ended July 31For the Year Ended July 31
select an opening name for section one Cash balance per bank statementCash balance per booksCollection of note receivableBank service chargeAdjusted cash balance per booksDeposits in transitAdjusted cash balance per bankOutstanding checks			$enter a dollar amount
select between addition and deduction LessAdd:	select a reconciling item Cash balance per bank statementDeposits in transitBank service chargeCollection of note receivableCash balance per booksAdjusted cash balance per bankOutstanding checksAdjusted cash balance per books		enter a dollar amount
			enter a subtotal of the two previous amounts
select between addition and deduction LessAdd:	select a reconciling item Adjusted cash balance per bankCash balance per booksCollection of note receivableAdjusted cash balance per booksCash balance per bank statementBank service chargeOutstanding checksDeposits in transit		enter a dollar amount
select a closing name for section one Collection on electronic funds transferBank service chargeCash balance per bank statementOutstanding checksDeposits in transitCash balance per booksAdjusted cash balance per bankAdjusted cash balance per books			$enter a total amount for section one
select an opening name for section two Bank service chargeOutstanding checksAdjusted cash balance per bankCash balance per bank statementCollection on electronic funds transferCash balance per booksAdjusted cash balance per booksDeposits in transit			$enter a dollar amount
select between addition and deduction AddLess:	select a reconciling item Bank service chargeDeposits in transitAdjusted cash balance per booksCollection on electronic funds transferOutstanding checksAdjusted cash balance per bankCash balance per bank statementCash balance per books		enter a dollar amount
			enter a subtotal of the two previous amounts
select between addition and deduction LessAdd:	select a reconciling item Bank service chargeAdjusted cash balance per bankDeposits in transitCollection on electronic funds transferCash balance per booksAdjusted cash balance per booksOutstanding checksCash balance per bank statement		enter a dollar amount
select a closing name for section two Collection on electronic funds transferAdjusted cash balance per bankCash balance per booksOutstanding checksDeposits in transitCash balance per bank statementBank service chargeAdjusted cash balance per books			$enter a total amount for section two