The following data were accumulated for use in reconciling the bank account of mathers co. for july: cash balance according to the company's records at july 31, $27,340. cash balance according to the bank statement at july 31, $28,830. checks outstanding, $5,550. deposit in transit, not recorded by bank, $4,460. a check for $270 in payment of an account was erroneously recorded in the check register as $720. bank debit memo for service charges, $50. journalize the entries that should be made by the company, part (a) error and part (b) service charge.
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The following data were accumulated for use in reconciling the bank account of mathers co. for july:...
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