Business, 20.12.2019 23:31 KingMack1136

The cash account for stone systems at july 31, 20y5, indicated a balance of $17,750. the bank statement indicated a balance of $33,650 on july 31, 20y5. comparing the bank statement and the accompanying canceled checks and memos with the records reveals the following reconciling items:

checks outstanding totaled $17,865.
a deposit of $9,150, representing receipts of july 31, had been made too late to appear on the bank statement.
the bank had collected $6,095 on a note left for collection. the face of the note was $5,750.
a check for $390 returned with the statement had been incorrectly recorded by stone systems as $930. the check was for the payment of an obligation to holland co. for the purchase of office supplies on account.
a check drawn for $1,810 had been incorrectly charged by the bank as $1,180.
bank service charges for july amounted to $80.

prepare a bank reconciliation.

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The cash account for stone systems at july 31, 20y5, indicated a balance of $17,750. the bank statem...