Blairsville Corp.prepares monthly bank reconciliations of its checking account balance.The bank statement for July 2016 indicated the following:

\begin{array}{lr}\text { Balance, July } 31,2016 & \$ 63,400 \\\text { Service charge for July } & 160 \\\text { Interest earned during July } & 100 \\\text { NSF check from Black Corp. (deposited by Blairsville) } & 1,150 \\\text { Note }(\$ 3,000) \text { and interest }(\$ 80) \text { collected for Blairsville from a } & 3,080 \\\text { customer of Blairsville's } &\end{array}

An analysis of canceled checks and deposits and the records of Blairsville revealed the following items:

\begin{array}{lr}\text { Checking account balance per Blairsville's books } & \$ 58,770 \\\text { Outstanding checks as of July } 31 & 4,630 \\\text { Deposit in transit at July } 31 & 1,780 \\\text { Error in recording check \#205 issued by Blairsville } & 90\\\end{array}

The correct amount of check #205 is $540, but it was recorded as a cash disbursement of $450.The check was issued to pay for merchandise purchases.The check appeared on the bank statement correctly.
A) Prepare a bank reconciliation schedule at July 31, 2016, in proper form.

B) What amount would Blairsville report on its balance sheet at July 31, 2016, for cash?

Match Latahmer Corporation Is Reconciling Its May Bank Account. for Each

Multiple Choice

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