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Required 1. Prepare the bank reconciliation for the months of June and July

The following transactions were obtained from the books of Al Bundy for the month of July 2020 The bank statement for July was as follows The following details were obtained from the books of Al Bundy for the month of June 202 \begin{tabular}{|r|l} June & \\ 1 & Balance b/d Cash 20,500 , Bank Overdraft 45,000 \\ 2 & Sold goods $80,000 by cheque 912775 \\ 3 & Paid cash $8,000 for Office Supplies \\ 5 & Sold goods $60,000 on credit to Felix on terms 10%/5, net 30 \\ 6 & Received $95,000 by cheque 32250 from Makeba \\ 7 & Received Commission $40,000 by cheque 770501 \\ 8 & Paid Insurance $12,000 by cheque 480106 \\ 9 & Received payment in full settlement from Felix by cheque 525123 \\ 10 & Transfer $20,000 cash from bank for business use \\ 13 & Purchased goods $35,000 by cheque 480107 \\ 18 & The following paid their accounts by cheque being allowed a 10% discount \\ & Roberto $80,000 cheque 332100 \\ & Gustav $40,000 cheque 728561 \\ 20 & Purchased stationery $15000 by cash \\ 21 & Write off the balance of $12,000 from the books Segal as a bad debt \\ 22 & Sold goods $40,000 by cheque 586638 \\ 23 & Paid the following their accounts by cheque receiving a 5% discount \\ & Shelly $30,000 cheque 480108 \\ 25 & Elaine $60,000 cheque 480109 \\ 28 & Paid Wages $120,000 by cheque 480110 \\ \hline \end{tabular} Al Bundy's Bank Statement for the month of June was as follows

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