7) In preparing the bank reconciliation for Heath Company, an employee found that the bank statement reported a bank service charge of $50. Stmt of Cash Assets Liabilities Stk. Equity Revenues Expenses Net Income Flows 8) In preparing the bank reconciliation for Heath Company, an employee discovered that the bank had collected one of the company's notes receivable in the amount of $20,000 and had deposited this amount in the company's account at the bank. This amount does not include interest. Stmt of Cash Liabilities Stk. Equity Revenues Expenses Net Income Flows Assets 9) In preparing the bank reconciliation for Heath Company, an employee discovered an error. A $654 cash receipt for the collection of an account receivable was recorded in the company's books as $645. The deposit slip was correct, and the bank deposit had been correctly prepared. The error appeared only in the company's accounting records. Assets Stmt of Cash Liabilities Stk. Equity Revenues Expenses Net Income Flows 10) Stan's purchased the first five surfboards on account. Assets are not in se nan men en het mense Stmt of Cash Liabilities Stk. Equity Revenues Expenses Net Income Flows 11) Stan's Surf Shack made the second purchase of two additional surfboards for cash. Assets Stmt of Cash Liabilities Stk. Equity Revenues Expenses Net Incomel Flows 12) Stan's sold the six surfboards for cash. The company uses the LIFO inventory cost flow method. (Consider the effects of both parts of this event.) Stmt of Cash Assets Liabilities Stk. Equity Revenues Expenses Net Income Flows IDI NA DI NA IIT D D