accounting-The following information pertains to Joyce Company
by ella | Aug 20, 2025 | Business
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Exercise 7-8
The following information pertains to Joyce Company.
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Cash balance per bank, July 31, $7,328. |
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July bank service charge not recorded by the depositor $38. |
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Cash balance per books, July 31, $7,364. |
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Deposits in transit, July 31, $2,700. |
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Note for $2,000 collected for Joyce Company in July by the bank, plus interest $36 less fee $20. The collection has not been recorded by Joyce Company, and no interest has been accrued. |
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Outstanding checks, July 31, $686. |
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Prepare a bank reconciliation at July 31, 2014.
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JOYCE COMPANY
Bank Reconciliation
July 31, 2014
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$
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$
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$
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$
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Journalize the adjusting entries at July 31 on the books of Joyce Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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Date
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Account Titles and Explanation
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Debit
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Credit
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| July 31 |
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(To record collection of note receivable by bank)
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| July 31 |
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(To record bank service charge)
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