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Construct a bank reconciliation for philip guided tours

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Problem 1: Construct a bank reconciliation for Philip's Guided Tours and prepare necessary journal entries as of September 30, 2023, from the following information:

Ending general ledger balance $795
Ending bank statement balance 880
Deposits in transit 575
Outstanding cheques 230
Bank Error (will issue a debit memo) 180
EFT payment from customer (credit memo) 330
Bank interest charge (debit memo) 20
Bank service charge (debit memo) 60

Reference no: EM132957949

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