Business, 12.11.2019 00:31 lanipooh01

On july 31, 2017, sandhill co. had a cash balance per books of $6,285.00. the statement from dakota state bank on that date showed a balance of $7,835.80. 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 $1,665.00 for sandhill co. through electronic funds transfer.3.the july 31 receipts of $1,346.30 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 in the cash payments journal on july 10 for $348.00.5.checks outstanding on july 31 totalled $2,005.10.6.on july 31, the bank statement showed an nsf charge of $720.00 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, 2017, sandhill co. had a cash balance per books of $6,285.00. the statement from dakota...

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