Reference no: EM132945266

Question - The following information is available for Chal Dal Corporation

1. Cash balance per bank, July 31, $7,263.

2. July bank service charge not recorded by the depositor $28.

3. Cash balance per books, July 31, $7,284.

4. Deposits in transit, July 31, $1,500.

5. Bank collected $900 note for S&S. in July, plus interest $36, less fee $20. The collection has not been recorded by S&S, and no interest has been accrued.

6. Outstanding checks, July 31, $591.

Required - Submit a Bank Reconciliation Statement as at July 31.