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Using the following information and prepare a bank reconciliation. Balance per bank statement, July 31, $14,081. Ledger account balance, July 31, $8,195. Proceeds of
Using the following information and prepare a bank reconciliation. Balance per bank statement, July 31, $14,081. Ledger account balance, July 31, $8,195. Proceeds of a note collected by bank not yet entered in ledger, includes interest of $400, $6,007. Bank service charges not yet entered by Kozma Company, $25. Deposit in transit, $1,624. Outstanding checks: No. 327 $642 No. 328 $237 No. 329 $459 No. 331 $190 Balance (ending) Add: Deposit in transit Sub-total BANK 14081 Less: Outstanding Checks No 327 642 No. 328 237 No. 329 459 No. 331 190 Total Adjusted Balance 1
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