To: Daisy Company, 1313 Williams St., Denver, CO 80218 Date Checks Deposits Balance Feb. 1 7 $4,524.80 $2,700.33 3,484.81 6.00 SC 274.09 4,133.60 69.69 NSF $8,642.61 14 460.00 CM 16 21 23 3,385.49 28 $6,344.38 SC = Service Charge NSF = Check Returned CM - Credit Memo DM - Debit Memo The receipt of $460 on February 14 was for a $445 note collected by the bank, plus $20 current interest, minus a $5 service charge. The company's accounting records contained the following information: Cash balance on February 28 from the books: $2,610.42 Cash Disbursements Cash Receipts Check No. 155 156 157 158 159 160 $2,700.33 3,484.81 Feb. 7 $8,624.61 3,385.49 All receipts are verified and correct. 21 274.09 589.02 4,133.60 2,742.63

To: Daisy Company, 1313 Williams St., Denver, CO 80218 Date Checks Deposits Balance Feb. 1 7 $4,524.80 $2,700.33 3,484.81 6.00 SC 274.09 4,133.60 69.69 NSF $8,642.61 14 460.00 CM 16 21 23 3,385.49 28 $6,344.38 SC = Service Charge NSF = Check Returned CM - Credit Memo DM - Debit Memo The receipt of $460 on February 14 was for a $445 note collected by the bank, plus $20 current interest, minus a $5 service charge. The company's accounting records contained the following information: Cash balance on February 28 from the books: $2,610.42 Cash Disbursements Cash Receipts Check No. 155 156 157 158 159 160 $2,700.33 3,484.81 Feb. 7 $8,624.61 3,385.49 All receipts are verified and correct. 21 274.09 589.02 4,133.60 2,742.63

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter4: Operating Activities: Sales And Cash Receipts

Section: Chapter Questions

Problem 4.4C

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