Question: Information from Karev Picture Frames Cash account as well as the July bank statement is presented next. Check #210 was written for $280 to pay

Information from Karev Picture Frames€™ Cash account as well as the July bank statement is presented next.

Check #210 was written for $280 to pay salaries expense.

Requirements
1. Prepare the bank reconciliation on July 31.
2. Prepare all necessary journal entries for Karev Picture Frames to update the Cash account as a result of the bankreconciliation.

Cash Jul 1 Jul 30 1,900 | Check #210 1.800 | Check #211 Check #212 Check #213 Check #214 28 500 57 270 120 Pre-adjusted BalJul 31 2,725 Bank Statement: Bal, Jul 1 Deposits $1,900 EFT-rent Checks: 650 No 210 211 212 Amount 280 500 57 (837) Other Charges: Service charge Check printing NSF check #201 30 20 70 120 $1,593 Bal, Jul 31

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