A company's general ledger shows a cash account balance of $23,240 on July 31, 2024. Cosh sales of $1794 for the last th

[answerhappygod]

A Company S General Ledger Shows A Cash Account Balance Of 23 240 On July 31 2024 Cosh Sales Of 1794 For The Last Th 1 (44.87 KiB) Viewed 62 times

A company's general ledger shows a cash account balance of $23,240 on July 31, 2024. Cosh sales of $1794 for the last three days of the month have not yet been deposited. The bank statement dated July 31 shows bank service fees of $46 and an NSF check from a customer of $260. The bank processes all checks written by the company by July 31 and lists them on the bank statement, except for one check totaling $1,370. The bank statement shows a balance of $22,510 on July 31. Required: 1. Prepare a bank reconciliation to calculate the correct balance of cash on July 31, 2024. 2. Record the necessary entry(ies) to adjust the balance for cash. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a bank reconciliation to calculate the correct balance of cash on July 31, 2024. (Amounts to be deducted should be indicated with a minus sign.) A COMPANY Bank Reconciliation July 31, 2024 Company's Cash Balance Per general ledger Bank's Cash Balance Per bank statement Bank balance per reconciliation Company balance per reconciliation Resurd 1 Required 2 >