The following data were accumulated for use in reconciling the bank account of Mathers Co. for July:. Cash balance according to the company's records at July 31 $16,520.
Cash balance according to the bank statement at July 31, $17,510.
Checks outstanding, $3,350.
Deposit in transit, not recorded by bank, $2,690.
A check for $480 in payment of an account was erroneously recorded in the check register as $840.
Bank debit memo for service charges, $30.
Prepare a bank reconciliation, Mathers Co. Bank Reconciliation July 31
Cash balance according to bank statement $
Adjusted balance $
Cash balance according to company's records $
Adjusted balance $

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.