The Following Information Pertains to Manning Video Company

Essay

The following information pertains to Manning Video Company.
1. Cash balance per bank, July 31, $8,363.
2. July bank service charge not recorded by the depositor $22.
3. The bank erroneously charged another company's $700 check against Manning's account.
4. Cash balance per books, July 31, $9,784.
5. The bank charged Manning's account $350 for a customer's NSF check.
6. Deposits in transit, July 31, $2,700.
7. Manning recorded a cash receipt from a customer as $32. The bank correctly recorded it at $23
8. Bank collected a $1,750 note for Manning in July, plus interest $36. Less collection fee $20.The collection has not been recorded by Manning and no interest has been accrued.
9. Outstanding check, July 31, $594.
Instructions
(a) Prepare a bank reconciliation at July 31.
(b) Journalize the adjusting entries at July 31 on the books of Manning Video Company.