Current Attempt in Progress The following information relates to Blossom Limited's Cash account. The reconciled cash balance from June's bank reconciliation is $19,840. During the month of July, Blossom recorded cash receipts of $21,000 and cash payments of $24,300 in the general ledger Cash account. An examination of the company's July bank statement shows a balance of $19,480 on July 31; outstanding cheques $3,850; deposits in transit $1,670; EFT collections on account that were not yet recorded on the books $2,187; NSF cheque $1,253; NSF fee $67; and bank service charges $107. Determine the cash balance per Blossom Limited's books. Cash balance $ Prepare the bank reconciliation at July 31. (List items that increase balance as per bank & books first.)

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.