Question 1 of 5 < > -/1 View Policies Current Attempt in Progress The following information pertains to Lily Video Company. 1. Cash balance per bank, July 31, $8,183. 2. July bank service charge not recorded by the depositor $35. 3. Cash balance per books. July 31, $8.204. 4. Deposits in transit, July 31. $1.960. 5. Bank 'collected $1.360 note for Lily in July. plus interest $43, less fee $27. The collection has not been recorded by Lily, and no interest has been accrued. 6. Outstanding checks. July 31. $598. (a) Prepare a bank reconciliation at July 31. (List items that increase cash balance first.) LILY VIDEO COMPANY Bank Reconciliation earch

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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.