Question 10 of 13 < > View Policies Current Attempt in Progress On July 31, 2022, Sunland Company had a cash balance per

[answerhappygod]

Question 10 Of 13 View Policies Current Attempt In Progress On July 31 2022 Sunland Company Had A Cash Balance Per 1 (49.4 KiB) Viewed 9 times

Question 10 of 13 < > View Policies Current Attempt in Progress On July 31, 2022, Sunland Company had a cash balance per books of $6,275.00. The statement from Dakota State Bank on that date showed a balance of $7,825.80. A comparison of the bank statement with the Cash account revealed the following facts. 1. 2. 3. 4. 5. 6. The bank service charge for July was $17.00. The bank collected $1,655.00 from a customer for Sunland Company through electronic funds transfer. The July 31 receipts of $1,336.30 were not included in the bank deposits for July. These receipts were deposited by the company in a night deposit vault on July 31. Company check No. 2480 issued to L. Taylor, a creditor, for $384.00 that cleared the bank in July was incorrectly entered in the cash payments journal on July 10 for $348.00. Checks outstanding on July 31 totaled $1.995.10. On July 31, the bank statement showed an NSF charge of $710.00 for a check received by the company from W. Krueger, a customer, on account. Prepare the bank reconciliation as of July 31. (List items that increase balance as per bank & books first.) -/2 = 1 0: SUNLAND COMPANY Bank Reconciliation I