23. Which one of the following would not cause a bank to debit a depositor's account? a. Bank service charge. b. Collection of a note receivable. c. Wiring of funds to other locations. Checks marked NSF. d. 24. All of the following are true regarding bank statements except a. the bank statement will show a credit for deposits received from a company. b. the bank statement balance will always agree with the company recorded balance. c. the bank statement is a copy of the bank's records sent to the customer for periodic review. d. the bank statement will show a debit if a check is paid for a company issuing the check. 25. James Company had checks outstanding totaling $32,400 on its June bank reconciliation. In July, James Company issued checks totaling $233,400. The July bank statement shows that $157,800 in checks cleared the bank in July. A check from one of James Company's customers in the amount of $1,800 was also returned marked "NSF." The amount of outstanding checks on James Company's July bank reconciliation should be a. $75,600. b. $108,000. c. $106,200. d. $43,200. 26. Nilson Company gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per books, 8/31 $28,000 1,200 Deposits in transit 6,800 Notes receivable and interest collected by bank Bank charge for check printing 160 Outstanding checks 16,000 1,360 NSF check The adjusted cash balance per books on August 31 is a. $33,280. b. $32,080. c. $18,400. d. $19,680. 27. Interest is usually associated with a. accounts receivable. b. notes receivable. c. doubtful accounts. d. bad debts.