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The following is the cash data and bank statement for Eric's Boat Repair Limited for the month ended July 31, 2019: Cash Date Item Jrnt

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The following is the cash data and bank statement for Eric's Boat Repair Limited for the month ended July 31, 2019: Cash Date Item Jrnt Res Debit Credit Balance June 30 July 1 8.900 15,250 1,950 4,200 12,500 675 Balance deposit deposit Cheque #100 Cheque #101 Cheque #102 Cheque #103 deposit Cheque #104 Cheque #105 Cheque #106 Cheque 107 deposit Cheque #108 July 3 July 3 July 15 July 21 July 30 July 30 July 31 July 31 July 31 July 31 July 31 6,453 15,353 30,603 28,653 24,453 11.953 11,278 22,553 12.801 11.001 10.626 10,448 13,348 11.600 11,275 9,752 1.800 375 178 2,900 1.748 S6,453 Bank Statement for July 2019 Balance July 1, 2019 Deposits and other additions July 1 $8.900 July 2 15.250 July 8 Bank collection 1.800 July 13 EFT credit 7,500 July 30 11,2731 h 44.723 Cheques and other deductions July 3 100 July 16 -101 July 18 102 July 20 EFT debit July 21 NSF cheque July 21 -103 July 30 Service charge 1.950 4.400 12.500 360 1.750 675 75 21.710 Ending balance $19,468 BAFT 56453 July Paly Bank collection EFT CASE 58,9001 13210 1. KO 7,500 11273 July 30 44,725 Chase and other deductions July 16 July 18 July 20 July 21 July 2 July 30 101 M102 EFT debit NSF cheque 0103 Service charge 1,950 4,400 12.500 360 1.750 675 75 21.710 Ending balance $29.468 To assist you Ariel, the company's accountant, has provided you with the following information: 1. The correct amount for cheque 101 is $4,400, the accountant made an error in recording the cheque. Cheque 101 was a payment on a supplier account 2. The bank collection was money the bank deposited into Eric's account in error 3. The EFT deposit was for monthly rent revenue. 4. The EFT debit was for a payment of monthly insurance, 5. The NSF cheque was received from a customer Required: A. Prepare a bank reconcilation for Eric's Boat Repair Limited for July 2019 B. Prepare the necessary adjusting entries at July 31, 2019

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