Altarmate Enierprises began operations on July 2. 2020, daposting 541.000 in he bar. Duting this frat...

Transcribed Image Text:

Altarmate Enierprises began operations on July 2. 2020, daposting 541.000 in he bar. Duting this frat morth af buinena he talouing taraactors oemed tut atecad e Ctu general ledger. (Click the icon to view the transactions) Transactione Senauy e e end of July, the company received s first bank statement O (Click the icon to view the July bank statement.) In preparing to do the bank reconcilation, Albemate Enterprises noticed that the $2.800 deposit on July 29 was a bank eror and nmed the bar. The bark wi o he nethae statement Required Prepare Ahemate Enterprises's bank reconcilation at July 31, 202e en July 2, 2020, depositing $41,000 in the bank. During this first month of business, the following transactions occurred that affected tions.) Transactions y received it nk statemer , Alternate E e bank will correct the en Description Deposit Date Dr Cr Jul. 2 $ 41,000 conciliation at Payment, cheque 001 $ 12,200 Payment, cheque 002 16,900 9. Cash sales 16,500 Alternate E 15 Payment, cheque 003 10,500 Bank Rec 18 Cash sales 12,400 July 31 20 Bank loan 145,000 26 Equipment purchase, cheque 004 78,000 30 Payment on account, cheque 005 17,900 31 Cash sales 26,100 Print Done O of 10 occurrec Bank Statement - X Description Withdrawals Deposits Date Balance Balance Forward e bank wi Jul.01 Deposit 41,000 Jul.02 41,000 Chq#001 12,200 28,800 Jul.07 Deposit 16,500 Jul.09 45,300 Chq#002 16,900 Jul. 13 28,400 Deposit 12,400 Jul.18 40,800 Bank Loan 145,000 Jul.20 185,800 Chq#004 78,000 Jul.28 107,800 Deposit 2,800 Jul.29 110,600 Service Charge 66 Jul.31 110,534 Interest 10 Jul.31 110,544 107,166 217,710 Print Done Altarmate Enierprises began operations on July 2. 2020, daposting 541.000 in he bar. Duting this frat morth af buinena he talouing taraactors oemed tut atecad e Ctu general ledger. (Click the icon to view the transactions) Transactione Senauy e e end of July, the company received s first bank statement O (Click the icon to view the July bank statement.) In preparing to do the bank reconcilation, Albemate Enterprises noticed that the $2.800 deposit on July 29 was a bank eror and nmed the bar. The bark wi o he nethae statement Required Prepare Ahemate Enterprises's bank reconcilation at July 31, 202e en July 2, 2020, depositing $41,000 in the bank. During this first month of business, the following transactions occurred that affected tions.) Transactions y received it nk statemer , Alternate E e bank will correct the en Description Deposit Date Dr Cr Jul. 2 $ 41,000 conciliation at Payment, cheque 001 $ 12,200 Payment, cheque 002 16,900 9. Cash sales 16,500 Alternate E 15 Payment, cheque 003 10,500 Bank Rec 18 Cash sales 12,400 July 31 20 Bank loan 145,000 26 Equipment purchase, cheque 004 78,000 30 Payment on account, cheque 005 17,900 31 Cash sales 26,100 Print Done O of 10 occurrec Bank Statement - X Description Withdrawals Deposits Date Balance Balance Forward e bank wi Jul.01 Deposit 41,000 Jul.02 41,000 Chq#001 12,200 28,800 Jul.07 Deposit 16,500 Jul.09 45,300 Chq#002 16,900 Jul. 13 28,400 Deposit 12,400 Jul.18 40,800 Bank Loan 145,000 Jul.20 185,800 Chq#004 78,000 Jul.28 107,800 Deposit 2,800 Jul.29 110,600 Service Charge 66 Jul.31 110,534 Interest 10 Jul.31 110,544 107,166 217,710 Print Done

Answer rating: 100% (QA)

Alternative Enterprise Bank Reconciliation July 31 2020 Bank Balance July 31 ... View the full answer