The following information is extracted from the bank statement and the accounting records of Sun Corporation for the month of July, :The following information is extracted from the bank statement and the accounting
records of Sun Corporation for the month of July, :
Required:
Prepare a bank reconcilation for Sun on July
Prepare the joumal entries necessary to adjust Sun's books on July
Bank Reconciliation
July
Cash balance from books, July $
Cash balance from bank, July
NSF check returned by bank with bank statement
Note collected by bank on July
Interest on preceding note
Bank service charge for July
Outstanding checks at end of July
Deposit in transit at the end of July
Required:
Prepare a bank reconciliation for Sun on July
Prepare the journal entries necessary to adjust Suns books on July
