Question

CALCULATOR PRINTER VERSION BACK Problem 7-04A a-b (Part Level Submission) (Video) On July 31, 2020, Blossom Company had a cash balance per books of $6,350.00. The statement from Dakota State Bank on that date showed a balance of $7,900.80. A comparison of the bank statement with the Cash account revealed the following facts. 1. The bank service charge for July was $17.00 2. The bank collected $1,625 for Blossom Company through electronic funds transfer 3. The July 31 receipts of $1,306.30 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 $364.00 that deared the bank in July was incorrectly entered as a cash payment on July 10 for $346.00 5. Checks outstanding on July 31 totaled $1,947.10. 6. On July 31, the bank statement showed an NSF charge of $680.00 for a check received by the company from W. Krueger, a customer, on account. (a)