The Quilt Shop deposits all receipts in the bank each evening and makes all payments by check. On July $31,$ its ledger balance of cash is $$2,355\mathrm{.}44.$ The bank statement balance of cash as of July $31$ is $$2,751\mathrm{.}84.$ Use the following information to reconcile the bank statement:

a$.$ The reconciliation for June, the previous month, showed three checks outstanding on June $30$: no$.1820$ for $$80\mathrm{.}00,$ no$.1822$ for $$115\mathrm{.}30,$ and no$.1823$ for $$140\mathrm{.}00.$ Check no$.1820$ and no$.1822$ were returned with the July bank statement; however, check no$.1823$ was not returned.

b$.$ Check no$.2500$ for $$230\mathrm{.}00,$ no$.2517$ for $$329\mathrm{.}00,$ no$.2518$ for $$110\mathrm{.}50,$ and no$.2519$ for $$22\mathrm{.}40$ were written during July and have not been returned by the bank.

c$.$ A deposit of $$449\mathrm{.}50$ was placed in the night depository on July $31$ and did not appear on the bank statement.

d$.$ The canceled checks were compared with the entries in the checkbook, and it was observed that check no$.2587,$ for $$49,$ was written correctly, payable to J$.$ L$.$ Lang, the owner, for personal use, but was recorded in the checkbook as $$94.$

e$.$ Included in the bank statement was a bank debit memo for service charges, $$12.$

f$.$ Included in the bank statement was an NSF check from Jeremy Jones in the amount of $$19.$

Required:

Prepare a bank reconciliation as of July $31,$ assuming that the debit memo and NSF check have not been recorded. Round your answers to the nearest cent.

The Quilt Shop

Bank Reconcilation July $31,20--$

Bank Statement Balance

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$2.$ Record the necessary entries in general journal form.

GENERAL JOURNAL

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DATE

DESCRIPTION

POST. REF.

DEBIT

CREDIT