Using the following information, prepare a bank reconciliation for Sunland Company for July 31, 2022. The bank statement balance is $3,770. The cash account balance is $4,170. Outstanding checks totaled $1,360. Deposits in transit are $1,670. The bank service charge is $54. A check for $95 for supplies was recorded as $59 in the ledger. a. b. C. d. e. f.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Using the following information, prepare a bank reconciliation for Sunland Company for July 31, 2022.
The bank statement balance is $3,770.
The cash account balance is $4,170.
Outstanding checks totaled $1,360.
a.
b.
C.
d.
e.
f.
Deposits in transit are $1,670.
The bank service charge is $54.
A check for $95 for supplies was recorded as $59 in the ledger.
Transcribed Image Text:Using the following information, prepare a bank reconciliation for Sunland Company for July 31, 2022. The bank statement balance is $3,770. The cash account balance is $4,170. Outstanding checks totaled $1,360. a. b. C. d. e. f. Deposits in transit are $1,670. The bank service charge is $54. A check for $95 for supplies was recorded as $59 in the ledger.
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