Question: Question 2 of 6 2.39 / 5 = : View Policies Show Attempt History Current Attempt in Progress The following information pertains to Ivanhoe Company.

Question 2 of 6 2.39 / 5 = : View Policies ShowQuestion 2 of 6 2.39 / 5 = : View Policies ShowQuestion 2 of 6 2.39 / 5 = : View Policies Show
Question 2 of 6 2.39 / 5 = : View Policies Show Attempt History Current Attempt in Progress The following information pertains to Ivanhoe Company. 1. Cash balance per bank, July 31, $7.482 2. July bank service charge not recorded by the depositor $43. 3. Cash balance per books. July 31. $7.568. 4. Deposits in transit. July 31, $3,053 5. $1,720 collected from a customer for Ivanhoe Company in July by the bank through electronic funds transfer. The collection has not been recorded by Ivanhoe Company 6. Outstanding checks, July 31, $ 1 290 (a)viley.com/was/ui/v2/assessment-player/index.html?launchld=857b147 t Sleepover... Jobvite - Login estion 2 of 6 IVANHOE COMPANY Bank Reconciliation July 31. 2025 Cash balance per bank statement 7482 Add Deposits In transit 3053 10535 Less Outstanding checks 1290 Adjusted cash balance per bank to 9245 Cash balance per books 7568 Add Y Electronic funds transfer received v 1720 9288 Less Bank service charge Adjusted cash balance per books 9245 eTextbook and Media QJournalize the adjusting entries at July 31 on the books of Ivanhoe Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit July 31 (To record electronic funds transfer) July 31 (To record bank. service charge) eTextbook and Media List of Accounts

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!