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Using the following information, prepare a bank reconciliation for Crane Company for July 31, 2022. a. The bank statement balance is $3,560. b. The cash

Using the following information, prepare a bank reconciliation for Crane Company for July 31, 2022.

a. The bank statement balance is $3,560.
b. The cash account balance is $4,060.
c. Outstanding checks totaled $1,370.
d. Deposits in transit are $1,800.
e. The bank service charge is $52.
f. A check for $86 for supplies was recorded as $68 in the ledger.

Crane Company Bank Reconciliation July 31, 2022For the Month Ended July 31, 2022For the Year Ended July 31, 2022
select an opening name for section one Federal Tax DepositsDeposit in TransitOutstanding ChecksBank Service ChargeAdjusted Cash Balance Per BooksCheck for Supplies ErrorAdjusted Cash Balance Per BankCash Balance Per Bank $enter a dollar amount

select between addition and deduction LessAdd: select a reconciling item Check for Supplies ErrorFederal Tax DepositsAdjusted Cash Balance Per BankBank Service ChargeCash Balance Per BankDeposit in TransitAdjusted Cash Balance Per BooksOutstanding Checks

enter a dollar amount
enter a subtotal of the two previous amounts

select between addition and deduction LessAdd: select a reconciling item Deposit in TransitAdjusted Cash Balance Per BankFederal Tax DepositsCash Balance Per BankOutstanding ChecksAdjusted Cash Balance Per BooksBank Service ChargeCheck for Supplies Error

enter a dollar amount
select a closing name for section one Bank Service ChargeCash Balance Per BankDeposit in TransitFederal Tax DepositsOutstanding ChecksAdjusted Cash Balance Per BooksAdjusted Cash Balance Per BankCheck for Supplies Error $enter a total amount for the first section
select an opening name for section two Deposit in TransitAdjusted Cash Balance Per BankOutstanding ChecksBank Service ChargeFederal Tax DepositsAdjusted Cash Balance Per BooksCheck for Supplies ErrorCash Balance Per Books $enter a dollar amount

select between addition and deduction AddLess:

select a reconciling item Cash Balance Per BooksBank Service ChargeDeposit in TransitAdjusted Cash Balance Per BooksAdjusted Cash Balance Per BankCheck for Supplies ErrorOutstanding ChecksFederal Tax Deposits $enter a dollar amount
select a reconciling item Adjusted Cash Balance Per BooksCheck for Supplies ErrorAdjusted Cash Balance Per BankFederal Tax DepositsDeposit in TransitOutstanding ChecksCash Balance Per BooksBank Service Charge enter a dollar amount
enter a subtotal of the two previous amounts
select a closing name for section two Federal Tax DepositsOutstanding ChecksDeposit in TransitAdjusted Cash Balance Per BankCash Balance Per BooksBank Service ChargeAdjusted Cash Balance Per BooksCheck for Supplies Error $enter a total amount for the second section

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