Dovetail Company Is Preparing Its Bank Reconciliation for July 31

Essay

Dovetail Company is preparing its bank reconciliation for July 31, 2019. Its bank statement and general ledger T-account for its checking account are presented below: ​ ​
A)Prepare a bank reconciliation in proper form for July. Note that the beginning balance was correctly reconciled at the end of the previous month, and that all outstanding checks (numbered 744, 745, and 746) and deposits in transit from last month cleared the bank this month.
B)How much cash would the company report on its July 31 balance sheet?
C)What adjusting entries will the company record as a result of this bank reconciliation process? Assume that the bank correctly reported all transactions, and that any errors noted in the reconciliation process involve transactions on credit.