Business, 06.11.2019 00:31 matilda67

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) the bank service charge for july was $17.00.
(2) the bank collected $1,655.00 from a customer for sunland company through electronic funds transfer
(3) 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
(4) company check no. 2480 issued to l. taylor, a creditor, for $384.00 that cleared the bank in july was incorrectly entered as a cash payment on july 10 for $348.00
(5) checks outstanding on july 31 totaled $1,995.10
(6) 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.

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On july 31, 2022, sunland company had a cash balance per books of $6,275.00. the statement from dako...

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