075) Hunter Company bank statement indicated a cash balance of $9,610, while the cash 2019002795 ledger account on that date shows a balance of $7,430 in July 31. 2019002295 Outstanding checks totaled $2,417. A $500 check mailed to the bank for deposit had not reached the bank at the statement date. The bank returned a customer's NSF check for $225 received as payment of an account receivable. The bank statement showed $30 interest earned on 2019 2019302295 7090022 2019002295 2019002295 the bank balance for the month of July.
075) Hunter Company bank statement indicated a cash balance of $9,610, while the cash 2019002795 ledger account on that date shows a balance of $7,430 in July 31. 2019002295 Outstanding checks totaled $2,417. A $500 check mailed to the bank for deposit had not reached the bank at the statement date. The bank returned a customer's NSF check for $225 received as payment of an account receivable. The bank statement showed $30 interest earned on 2019 2019302295 7090022 2019002295 2019002295 the bank balance for the month of July.
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 5E
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