On July Cullumber Company had a cash balance per books of $ The statement from Dakota State Bank on that
date showed a balance of $ A comparison of the bank statement with the Cash account revealed the following facts.
The bank service charge for July was $
The bank collected $ for Cullumber Company through electronic funds transfer.
The July receipts of $ were not included in the bank deposits for July. These receipts were deposited by the
company in a night deposit vault on July
Company check No issued to L Taylor, a creditor, for $ that cleared the bank in July was incorrectly entered as a
cash payment on July for $
Checks outstanding on July totaled $
On July the bank statement showed an NSF charge of $ for a check received by the company from W Krueger, a
customer, on account.
a
Prepare the bank reconciliation as of July List items that increase balance as per bank & books first. Round answers to decimal
places, eg
CULLUMBER COMPANY
Bank Reconciliation
