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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
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Phoniex University
Oct-2001 - Nov-2016
Exercise 8-11 (Part Level Submission)
The following information pertains to Crane Video Company.
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1.Cash balance per bank, July 31, $7,863.2.July bank service charge not recorded by the depositor $37.3.Cash balance per books, July 31, $7,884.4.Deposits in transit, July 31, $1,800.5.Bank collected $1,200 note for Crane in July, plus interest $45, less fee $29. The collection has not been recorded by Crane, and no interest has been accrued.6.Outstanding checks, July 31, $600.
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(a)
Make a bank reconciliation at July 31. (List items that increase cash balance first.)
Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------.Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l b-----------e