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The interest on a $31000,7%, 90-day note receivable is (Use 360 days for calculation.) $1629. $543. $1086 $3258. Save for Later Attempts: 0 of 1 used Submit Ans The bank statement for Cullumber Company indicates a balance of $840 on July 31. The cash balance per books had a balance of $390 on this date. The following information pertains to the bank transactions for the company. 1. 2 3 Deposit of $900, representing cash receipts of July 31, did not appear on the bank statement. Outstanding checks totaled $450. Bank service charges for July amounted to $49. The bank collected a note receivable for the company for $1,300 plus $59 interest revenue. An NSF check for $410 from a customer was returned with the statement 4. 5. (a) Prepare a bank reconciliation for July 31 CULLUMBER COMPANY Bank Reconciliation CULLUMBER COMPANY Bank Reconciliation