Question $3-$ Problem $-$ Bank Reconciliation $(14$ Points$)$

Check Figure: Adjusted book balance $-$ $$29,400\mathrm{.}00$

The following is given for Sabur Manufacturing Co$.$

a$)$ Balance per the bank statement dated July $31,2024,$ is $$26,900.$

b$)$ Balance of the cash account on the company books as of July $31,2024,$ is $$26,000.$

c$)$ Outstanding Cheques written as of July $31,2024,$ were:

Ck$.401-$ $$1800$

Ck$.408-$ $$1200$

d$)$ The bank charged $($deducted$)$ Sabur's account for a $$500$ i$.$e$.$ meant cheque for the Sailen's account $($error in bank$).$

e$)$ Bank service charges for July is $$100.$

f$)$ The bank statement showed an electronic fund transfer of $$3580$ for a customer payment. A bank service fee of $$80$ was charged.

g$)$ A bank deposit of July $31,2024$ for $$5000$ does not appear on the bank statement $($Deposit in transit$).$

Required:

Prepare a bank reconciliation statement as of July $31,2024.$

Prepare the necessary entries to make the cash agree with the bank reconciliation