Hunter Company bank statementindicated a cash balance of $9,610, while the cash11.chutledger account on that date shows a balance of$7,430 in July 31.Outstanding checks totaled $2,417.A $500 check mailed to the bank for deposit had notreached the bank at the statement date.The bank returned a customer's NSF check for$225 received as payment of an account receivable.2016092FAT2019302296The bank statement showed $30 interest earned on201504201300222019002295the bank balance for the month of July.7090022201900229520120 the bank balance for the month of July.Check 781 for supplies cleared the bank for $26819802295but was erroneously recorded in our books as $240.2295A $486 deposit by A Company was erroneouslycredited to our account by the bank.900229520022952019002296002295Required:Prepare a July 31 bank reconciliation statement forthe Hunter Company.MICHES

A bank reconciliation statement is a statement that reconciles the difference between the balance as…

075) Hunter Company bank statement indicated a cash balance of $9,610, while the cash 2019002795 ledger account on that date shows a balance of $7,430 in July 31. 2019002295 Outstanding checks totaled $2,417. A $500 check mailed to the bank for deposit had not reached the bank at the statement date. The bank returned a customer's NSF check for $225 received as payment of an account receivable. The bank statement showed $30 interest earned on 2019 2019302295 7090022 2019002295 2019002295 the bank balance for the month of July.

075) Hunter Company bank statement indicated a cash balance of $9,610, while the cash 2019002795 ledger account on that date shows a balance of $7,430 in July 31. 2019002295 Outstanding checks totaled $2,417. A $500 check mailed to the bank for deposit had not reached the bank at the statement date. The bank returned a customer's NSF check for $225 received as payment of an account receivable. The bank statement showed $30 interest earned on 2019 2019302295 7090022 2019002295 2019002295 the bank balance for the month of July.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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