Ef.73. Current Attempt in ProgressThe following information pertains to Tamarisk, Inc..1.2.3.4.5.6.Cash balance per bank, July 31, $7,923.July bank service charge not recorded by the depositor $37.Cash balance per books, July 31, $7,944.Deposits in transit, July 31, $1,830.The bank collected $1.246 in July for Tamarisk through electronic funds transfer. The collection has not been recorded byTamarisk.Outstanding checks, July 31, $600.Prepare a bank reconciliation at July 31. (List items that increase cash balance first. Reconcile cash balance per barTamarisk, Inc.Bank Reconciliation#u!$Bank Reconciliation[jj]#$

Bank reconciliation is a financial document that that compares and matches the cash balance to a…

Answered: Prepare a bank reconciliation at July…

Business

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Prepare a bank reconciliation at July 31. (List items that increase cash balance

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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Concept explainers

Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.

Question

Ef.73.

Current Attempt in Progress
The following information pertains to Tamarisk, Inc..
1.
2.
3.
4.
5.
6.
Cash balance per bank, July 31, $7,923.
July bank service charge not recorded by the depositor $37.
Cash balance per books, July 31, $7,944.
Deposits in transit, July 31, $1,830.
The bank collected $1.246 in July for Tamarisk through electronic funds transfer. The collection has not been recorded by
Tamarisk.
Outstanding checks, July 31, $600.
Prepare a bank reconciliation at July 31. (List items that increase cash balance first. Reconcile cash balance per bar
Tamarisk, Inc.
Bank Reconciliation
#
u!
$
Bank Reconciliation
[jj]
#
$

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