I Need help with A and B show work.

and (B) Required -- To prepare the necessary journal entry to correct the cash account.

Laura Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. (a) Your answer is partially correct. Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance. Outstanding checks from the June reconciliation cleared the bank in July. LAURA LANSBURY COMPANY Bank Reconciliation At the Year End Julv 31 Balance per bank statement, July 31 $46710 Balance per books, July 31 $49950 Add : Collection of note 8100 Less : Correct cash balance, July 31 \begin{tabular}{|} \hline 58050 \\ \hline \end{tabular}