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QUESTION:
Alphas Company had the following banking information from its bank statement dated July 31, 2017:
| Item | Amount |
| Cash Balance per Bank (7/3/17) | $3,350 |
| Bank Service Charges | 75 |
| Collection of Note Receivable from Mr. Yankee including the interest of $145 | 3,145 |
| Customer (Mr. Welcher) returned cheque NSF | 225 |
The following additional information was determined from a review of the cash payments & receipts and the cheque register for Alpha Company
The following cheques had not cleared the bank as paid:
| DATE | Ck # | Accounts Payable | Amount |
| 5/25/17 | 1005 | Bravo Office Supply Store | $250 |
| 7/15/17 | 1025 | Zulu Electric Company | 1,900 |
| 7/30/17 | 1030 | Bravo Office Supply Store | 250 |
The following information was recorded in Alphas cash receipts ledger and have not yet been recorded in the bank statements:
| Date | Item | Amount |
| 5/25/17 | Store Cash Sales | $200 |
| 7/31/17 | Store Cash Sales | $200 |
| 7/31/17 | Cheques From Store Sales | 5,500 |
| 7/31/17 | Cash Balance per General Ledger (7/31/17) | 4,005 |
Prepare, in good form, the July 31, 2017 Bank Reconciliation for Alpha Company.
ANSWER:
Bank Reconciliation:
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