Blue Lansbury Company deposits all receipts and makes all payments by check. The following…

Blue Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records.

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June 30 Bank Reconciliation

Balance per bank

 

$37,800

 

Add: Deposits in transit

 

8,316

 

Deduct: Outstanding checks

 

(10,800

)

Balance per books

 

$35,316

 

 

Month of July Results

 

 

Per Bank

 

Per Books

Balance July 31

 

$46,710

 

$49,950

July deposits

 

27,000

 

31,374

July checks

 

21,600

 

16,740

July note collected (not included in July deposits)

 

5,400

 

 

July bank service charge

 

81

 

 

July NSF check from a customer, returned by the bank (recorded by bank as a charge)

 

1,809

 

 

 

 

 

 

 

 

 

Prepare a bank reconciliation going from the balance per bank and balance per book to correct cash balance.