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Whispering Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. June 30 Bank Reconciliation
Whispering Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. June 30 Bank Reconciliation $26,600 Balance per bank Add: Deposits in transit Deduct: Outstanding checks Balance per books 5,852 (7,600) $24,852 Month of July Results Per Bank Per Books $32,870 19,000 15,200 3,800 57 1,273 $35,150 22,078 11,780 Balance July 31 July deposits July checks July note collected (not included in July deposits) July bank service charge July NSF check from a customer, returned by the bank (recorded by bank as a charge)
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