A Sal's Surf Shop doposits all receipts in the bank and makes all payments by check. On July 31 tho cash account had a balance of $6,10542. The bank statement on July 31 reported a balance of $4,146.46. Upon comparing the bank statement to the books, the following itcms were found. a. A bank debit memo issaed for an NSF check from a customer of $21.25.
b. A bank credit mcmo issued for interest of $8.50 earned during the month.
c. During the eveaing of July 31, a deposit of $1,948.25 was made, which is not shown on the bank statemoent
d. A bank debit memo issued for $18.50 for bank service charges.
e. Checks for the amounts of $34.00, $17.85, and $93.25 were written during July but have not yet been received by thie bank
f. The reconciliation from the previous month, June, sbowed outstanding chocks of $260.80. Ono of these chocks in the amount of $7.38 has not yet been reoeived by the bank.
g. After comparing the canceled chocks to the bank statement, it was discovered that a check written for the amount of $18.90 was deducted as $19.80 by the bank
h. It was discovered that a chock written to a creditor in the amount of $145.60 was recorded in the books as $14.56. a. b. C. d. e. h.
Required: Prepare a bank recoeciliation as of July 31, Prepare the necessary general journal entries from the bank reconcilistion