Answer:
Sandra Lansbury Company
Bank Reconciliation
Balance per bank statement, July 31 $36,330
Add: Deposits in transit $11,970 ($6,468+$24,402-$18,900)
Less: Outstanding checks <u>($4,620)</u> ($8,400-$16,800+$13,020)
Correct cash balance, July 31 <u>$43,680</u>
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Balance per books, July 31 $38,850
Add: Collection of note $6,300
Less: Bank service charge $63
Less: NSF check 335 <u>$1,407</u>
Corrected cash balance, July 31 <u>$43,680</u>