On July 31, 2019, Crane Company had a cash balance per books of $6,355.00. The statement from Dakota State Bank on that date showed a balance of $7,905.80. A comparison of the bank statement with the Cash account revealed the following facts.
1. | The bank service charge for July was $19.00. | |
2. | The bank collected $1,630 for Crane Company through electronic funds transfer. | |
3. | The July 31 receipts of $1,309.30 were not included in the bank deposits for July. These receipts were deposited by the company in a night deposit vault on July 31. | |
4. | Company check No. 2480 issued to L. Taylor, a creditor, for $394.00 that cleared the bank in July was incorrectly entered as a cash payment on July 10 for $349.00. | |
5. | Checks outstanding on July 31 totaled $1,979.10. | |
6. | On July 31, the bank statement showed an NSF charge of $685.00 for a check received by the company from W. Krueger, a customer, on account. |
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On July 31, 2022, Cullumber Company had a cash balance per books of $6,250.00. The statement from Dakota State Bank on that date showed a balance of $7,800.80. A comparison of the bank statement with the Cash account revealed the following facts. 1. The bank service charge for July was $20.00. 2. The bank collected $1,630.00 from a customer for Cullumber Company through electronic funds transfer. 3. The July 31 receipts of $1,308.30 were not included in the bank deposits...
On July 31, 2022, Cullumber Company had a cash balance per books of $6,250.00. The statement from Dakota State Bank on that date showed a balance of $7,800.80. A comparison of the bank statement with the Cash account revealed the following facts. 1. The bank service charge for July was $20.00. 2. The bank collected $1,630.00 from a customer for Cullumber Company through electronic funds transfer. 3. The July 31 receipts of $1,308.30 were not included in the bank deposits for July. These...
On July 31, 2022, Cullumber Company had a cash balance per books
of $6,250.00. The statement from Dakota State Bank on that date
showed a balance of $7,800.80. A comparison of the bank statement
with the Cash account revealed the following facts.
1.
The bank service charge for July was $20.00.
2.
The bank collected $1,630.00 from a customer for Cullumber
Company through electronic funds transfer.
3.
The July 31 receipts of $1,308.30 were not included in the bank
deposits...
Kimmel, Financial Accounting, 8e Hela I Svstem Announcements CALCULATOR Problem 7-3A On July 31, 2017, Cullumber Company had a cash balance per books of $6,305.00. The statement from Dakota State Bank on that date showed a balance of $7,855.80. A comparison the Cash account revealed the following facts. 1. The bank service charge for July was $16.00. 2. The bank collected $1,685.00 for Cullumber Company through electronic funds transfer. 3. The July 31 receipts of $1,367.30 were not included in...
On July 31, 2017, Oriole Company had a cash balance per books of $6,260.00. The statement from Dakota State Bank on that date showed a balance of $7,810.80. A comparison of the bank statement with the Cash account revealed the following facts. 1. The bank service charge for July was $19.00. 2. The bank collected $1,640.00 for Oriole Company through electronic funds transfer. 3. The July 31 receipts of $1,319.30 were not included in the bank deposits for July. These receipts were deposited...
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On July 31, 2017, Sheridan Company had a cash balance per books of $6,325.00. The statement from Dakota State Bank on that date showed a balance of $7,875.80. A comparison of the bank statement with the Cash account revealed the following facts. 1. The bank service charge for July was $16.00. 2. The bank collected $1,705.00 for Sheridan Company through electronic funds transfer. 3. The July 31 receipts of $1,387.30 were not included in the bank deposits for July. These...
On July 31, 2020, Crane Company had a cash balance per books of $6,190.00. The statement from Dakota State Bank on that date showed a balance of $7,700.00. A comparison of the bank statement with the Cash account revealed the following facts. 1. The bank service charge for July was $25. 2. The bank collected $1,500 for Keeds Company through electronic funds transfer. 3. The July 31 receipts of $1,200.00 were not included in the bank deposits for July. These...
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