TB EX QuAlgo A company's general ledger shows a cash...
A company's general ledger shows a cash account balance of $ on July Cash sales of $ for the last three days of
the month have not yet been deposited. The bank statement dated July shows bank service fees of $ and an NSF check from a
customer of $ The bank processes all checks written by the company by July and lists them on the bank statement, except for
one check totaling $ The bank statement shows a balance of $ on July
Required:
Prepare a bank reconciliation to calculate the correct balance of cash on July
Record the necessary entryies to adjust the balance for cash.
Complete this question by entering your answers in the tabs below.
Record the necessary entryies to adjust the balance for cash. If no entry is required for a transactionevent select No Journal Entry
Required" in the first account field.
Journal entry worksheet
Record the amounts that increase cash.
Note: Enter debits before credits.
