(Solved): Cash balance according to bank statement Add: STONE SYSTEMS Bank Reconciliation July 31 Deduct: Outs ...

STONE SYSTEMS Bank Reconciliation July 31 Cash balance according to bank statement Add: Deposit of July 31 , not recorded by bank $\$33,650$ 9,150 Deduct: Outstanding checks Bank error in charging check as $\$1,180$ instead of $\$1,810$ \begin{tabular}{|r|} \hline$17,865$ \\ \hline$630$ \\ \hline \end{tabular} Adjusted balance Cash balance according to company's records Add: Note and interest collected by bank Error in recording check \begin{tabular}{rr|} \hline 5 & 6,095 \\ \hline & 540 \\ \hline \end{tabular} 6,635 Deduct: Bank service charges Adjusted balance \begin{tabular}{|r|} \hline 80 \\ \hline $524,305$ \\ \hline \end{tabular} July 31 31 Amount to be reported on July 31 balance sheet $\$24,305$