Prepare a bank reconciliation going from balance per bank

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Browning 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 $9,135
Add: Deposits in Transit 2,010
Deduct: Outstanding checks (2,610)
Balance per books $8,535
Month of July Results
Per Bank Per Books
Balance July 31 $11,289 $12,071
July deposits 5,873 7,582
July checks 5,220 4,046
July note collected (not included in July deposits) 1,958 -
July bank service charge 20 -
July NSF check from a customer, returned by the bank (recorded by bank as a charge) 437 -
(a) Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance.
(b) Prepare the general journal entry or entries to correct the Cash account.

Reference no: EM13682084

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