Michelle Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. June 30 Bank Reconciliation Balance per bank $36,400 Add: Deposits in transit 8,008 Deduct: Outstanding checks (10,400 ) Balance per books $34,008 Month of July Results Per Bank Per Books Balance July 31 $44,980 $48,100 July deposits 23,400 30,212 July checks 20,800 16,120 July note collected (not included in July deposits) 7,800 July bank service charge 78 July NSF check from a customer, returned by the bank (recorded by bank as a charge) 1,742 Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance.
