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The following information pertains to Cheyenne Corp.. Cash balance per bank, July 31, $7,743. July bank service charge not recorded by the depositor $36. Cash balance per books, July 31, $7,764. Deposits in transit, July 31, $1,740. The bank collected $1,156 in July for Cheyenne through electronic funds transfer. The collection has not been recorded by Cheyenne. 6. Outstanding checks, July 31, $599. 1. 2. 3. 4. 5. Prepare a bank reconciliation at July 31. (List items that increase cash balance first. Reconcile cash balance per bank first.) 10 eTextbook and Media List of Accounts Date July 31 Cheyenne Corp. Bank Reconciliation July 31 Journalize the adjusting entries at July 31 on the books of Cheyenne Corp. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation (To record the collection of accounts receivable.) $ (To record the bank service charge.) $ $ Debit Credit

The following information pertains to Cheyenne Corp.. Cash balance per bank, July 31, $7,743. July bank service charge not recorded by the depositor $36. Cash balance per books, July 31, $7,764. Deposits in transit, July 31, $1,740. The bank collected $1,156 in July for Cheyenne through electronic funds transfer. The collection has not been recorded by Cheyenne. 6. Outstanding checks, July 31, $599. 1. 2. 3. 4. 5. Prepare a bank reconciliation at July 31. (List items that increase cash balance first. Reconcile cash balance per bank first.) 10 eTextbook and Media List of Accounts Date July 31 Cheyenne Corp. Bank Reconciliation July 31 Journalize the adjusting entries at July 31 on the books of Cheyenne Corp. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation (To record the collection of accounts receivable.) $ (To record the bank service charge.) $ $ Debit Credit

Financial Accounting
Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter8: Sarbanes-oxley, Internal Control, And Cash
Section: Chapter Questions
Problem 18E
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The following information pertains to Cheyenne Corp.. 1. 2. 3. 4. 5. 6. Cash balance per bank, July 31, $7,743. July bank service charge not recorded by the depositor $36. Cash balance per books, July 31, $7,764. Deposits in transit, July 31, $1,740. The bank collected $1,156 in July for Cheyenne through electronic funds transfer. The collection has not been recorded by Cheyenne. Outstanding checks, July 31, $599. Prepare a bank reconciliation at July 31. (List items that increase cash balance first. Reconcile cash balance per bank first.) > V eTextbook and Media : List of Accounts July 31 July 31 Cheyenne Corp. Bank Reconciliation > Date Account Titles and Explanation > Journalize the adjusting entries at July 31 on the books of Cheyenne Corp. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) > (To record the bank service charge.) (To record the collection of accounts receivable.) $ $ Debit Credit 0.0 4.
Transcribed Image Text:The following information pertains to Cheyenne Corp.. 1. 2. 3. 4. 5. 6. Cash balance per bank, July 31, $7,743. July bank service charge not recorded by the depositor $36. Cash balance per books, July 31, $7,764. Deposits in transit, July 31, $1,740. The bank collected $1,156 in July for Cheyenne through electronic funds transfer. The collection has not been recorded by Cheyenne. Outstanding checks, July 31, $599. Prepare a bank reconciliation at July 31. (List items that increase cash balance first. Reconcile cash balance per bank first.) > V eTextbook and Media : List of Accounts July 31 July 31 Cheyenne Corp. Bank Reconciliation > Date Account Titles and Explanation > Journalize the adjusting entries at July 31 on the books of Cheyenne Corp. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) > (To record the bank service charge.) (To record the collection of accounts receivable.) $ $ Debit Credit 0.0 4.
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