THIS IS ALL I HAVE TO COMPLETE THIS ASSIGNMENT, IT SAYS IN INSTRUCTIONS TO USE THIS FILE TO COMPLETE A BANK RECONCILIATION THEN ANSWER FOLLWING QUESTIONS. I DO NOT HAVE A BANK RECONCILIATION SHEET.

The bank portion of the bank reconciliation for Friden at June 30, 2004 is shown below. Friden Bank Reconciliation June 30, 2004 Cash balance per bank Deposits in transit $ 10,989 1,507 12,496 Outstanding checks 468 Check 399 422 438 449 454 309 1,109 1,580 276 Adjusted cash balance per bank 3,742 8,754 The adjusted cash balance per bank agreed with the cash balance per books at June 30, 2004. The July 2004 bank statement showed the following checks and deposits. Bank Statement Checks Date 7/1/2004 7/3/2004 7/4/2004 7/8/2004 7/11/2004 7/16/2004 7/19/2004 7/26/2004 7/30/2004 7/30/2004 7/31/2004 Amount 1,507 5,059 3,722 3,468 1,517 Number 422 438 454 455 456 457 459 460 461 463 466 Deposits Date 7/1/2004 7/4/2004 7/8/2004 7/14/2004 7/19/2004 7/22/2004 7/26/2004 7/29/2004 7/31/2004 Amount 309 1,109 276 2,609 948 2,715 3,138 878 2,479 2,252 2,344 19,057 845 5,896 3,537 2,277 $ 27,828 The cash records per books for July showed the following: Cash Payments Journal Date Number 7/1/2004 455 7/2/2004 456 7/2/2004 457 7/4/2004 458 7/8/2004 459 7/10/2004 460 7/15/2004 461 7/18/2004 462 7/20/2004 463 7/23/2004 464 7/24/2004 465 7/25/2004 466 7/30/2004 467 7/31/2004 468 Amount 2,609 948 2,742 349 3,138 878 2,479 2,492 2,252 1,034 2,619 2,344 2,625 3,333 29,842 Cash Receipts Journal Date 7/3/2004 7/7/2004 7/12/2004 7/17/2004 7/20/2004 7/24/2004 7/28/2004 7/30/2004 7/31/2004 Amount 5,059 3,722 3,414 1,517 845 5,896 3,537 2,277 1,967 28,234 The bank statement for July 31, 2004 contained three bank memoranda: 1) A credit of $1,226 for the collection of a $1,307 note for Friden plus interest of $30, less a collection fee of $111. Friden has not previously accrued any interest on the note. 2) A debit memorandum for the printing of additional checks and other banking services $97. 3) The July bank statement showed a NSF charge of $600 for a check issued by Huffy, a customer, to Friden on account. At July 31, the cash balance per books and the cash balance per the bank statement were determined from the foregoing information. The company did not make any errors. HINT: To determine the July 31 cash balance per bank, begin with the June 30 bank balance of $10,989 and adjust it for cash receipts and disbursements as shown in the bank statement and for other cash receipts and disbursements noted in the bank memoranda. A similar exercise will need to be completed with respect to the cash balance per books. ct Question 1 0 / 4 pts Calculated to the nearest dollar, what is the balance of cash shown on the bank statement as of 7/31? 4,621 ct Question 2 0 / 4 pts Calculated to the nearest dollar, what is the unadjusted balance of cash shown on the company's general ledger as of 7/31? 3,742 ct Question 3 0 / 5 pts Calculated to the nearest dollar, what is the adjusted balance (reconciled) of cash per books and per bank as of 7/31? 5,300 Question 4 0 / 1 pts Other than the cash account, which of the following accounts would most likely need to be adjusted with respect to the error the bank made in recording one of the company's checks written? Miscellaneous expense O Accounts receivable Sales revenue Accounts payable O Miscellaneous revenue O Prepaid expenses Unearned revenue None of the above