On August 14 Loretta Harper, owner of Peabody Cards and Gifts, deposited the following items in the checking account of the business. 

Cash: $784.29 Checks: Charles Ling, drawn on American Bank of Commerce, ABA No. 32-7091; $39.44

Keith Lopez, drawn on People’s Bank, ABA No. 84-268; $22.95

Marjorie Luke, drawn on Horizon Federal Savings and Loan, ABA No. 84-6249; $52.95 

Mable Parker, drawn on Security National Bank, ABA No. 84-2242; $67.45

On August 15 Peabody received the July bill from Northeast Telephone for $214.80.

On August 17 Peabody received an advertising bill from the Bayside News for $275.00.

Using the forms provided in your working papers:

INSTRUCTIONS 

1. Complete a deposit slip.

2. Record the deposit on the check stub for Check 41.

3. Record the information for paying the telephone bill on Check Stub 41 and complete the check stub. Use August 16 as the date.

4. Prepare Check 41 to pay the telephone bill and sign your name as drawer.

5. Prepare the check stub and Check 42 to pay the bill for advertising. Use August 17 as the date and sign your name as drawer.