Question: Problem 7-03A (Part Level Submission) On July 31, 2022, Ivanhoe Company had a cash balance per books of $6.255.00. The statement from Dakota State Bank


Problem 7-03A (Part Level Submission) On July 31, 2022, Ivanhoe Company had a cash balance per books of $6.255.00. The statement from Dakota State Bank on that date showed a balance of $7,805.80. A comparison of the bank statement with the Cash account revealed the following facts. 1. The bank service charge for July was $22.00 2. The bank collected $1.635.00 from a customer for Ivanhoe Company through electronic funds transfer 3. The July 31 receipts of $1,311.30 were not included in the bank deposits for July. These receipts were deposited by the company in a no deposit vault on July 31. 4. Company check No. 2480 issued to L. Taylor, a creditor, for $374.00 that deared the bank s y was incorrectly entered in the cash payments journal on July 10 for $347.00 5. Checks outstanding on 31 totaled $1.966.10. 6. On July 31. the bank statement showed an NSF charge of $600.00 for a check roved by the company from W. Krueger, a customer, on account. RCES CALCULATOR IVANHOE COMPANY Bank Reconciliation Study here to search S Kimmel, Accounting, 7e dle System Announcements Assignment Gradebook ORION Downloadable Textbook Click if you would like to show Work for this question s toch
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