Current Attempt in Progress The following information is for Pharoah Ltd. in July: 1. 2. 3....

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Current Attempt in Progress The following information is for Pharoah Ltd. in July: 1. 2. 3. 4. 5. 6. 7. (a) Cash balance per bank, July 31, $10,750. Cash balance per books, July 31, $8,854. Bank service charge, $50. Deposits in transit, $1,988. Electronic receipts from customers in payment of their accounts, $1,196, not previously recorded by the company. Outstanding cheques, $2,378. Cheque #373 was correctly written in the amount of $590 but was incorrectly recorded by the company's bookkeeper as $950. The cheque was written to buy office supplies. - Your answer is partially correct. Prepare the bank reconciliation at July 31. (List items that increase balance as per bank & books first.) Cash balance per bank statement Add Add V Deposits in transit Outstanding cheques PHAROAH LTD. Bank Reconciliation July 31 Cheque No. 373 error ul $ $ 10750 1988 12738 2378 i 30 10720 8854 1196 50 1246 10100 Current Attempt in Progress The following information is for Pharoah Ltd. in July: 1. 2. 3. 4. 5. 6. 7. (a) Cash balance per bank, July 31, $10,750. Cash balance per books, July 31, $8,854. Bank service charge, $50. Deposits in transit, $1,988. Electronic receipts from customers in payment of their accounts, $1,196, not previously recorded by the company. Outstanding cheques, $2,378. Cheque #373 was correctly written in the amount of $590 but was incorrectly recorded by the company's bookkeeper as $950. The cheque was written to buy office supplies. - Your answer is partially correct. Prepare the bank reconciliation at July 31. (List items that increase balance as per bank & books first.) Cash balance per bank statement Add Add V Deposits in transit Outstanding cheques PHAROAH LTD. Bank Reconciliation July 31 Cheque No. 373 error ul $ $ 10750 1988 12738 2378 i 30 10720 8854 1196 50 1246 10100

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