the following information is from the books of towl ball company for the month of ap 4375526

The following information is from the books of Towl Ball Company for the month of April. Cash Receipts Journal Date Cash Received April 2 ……………………. $ 2,500 5…………………………….. 2,000 9…………………………….. 1,800 11…………………………….. 1,500 14…………………………….. 2,250 17…………………………….. 1,000 23…………………………….. 3,000 30…………………………….. 2,500 30…………………………….. 1,250 The balance in Towl Ball’s cash account on April 30 is $ 16,232. Towl Ball received the following bank statement from Independence Day Bank for the month of April: Prepare the bank reconciliation for Towl Ball by determining the correct balances for both book and bank. Record all journal entries required to correct Towl Ball’s cash balance. Assume the correct amount of check # 3451 is $ 1,200. View Solution:
The following information is from the books of Towl Ball

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