CALCULATOR PRINTER VERSION BACK NEXT Question 16 Culver Corporation has just received its August 31, 2020 bank statement, which is summarized as follows: Provincial Bank of Manitoba Disbursements Receipts Balance Balance, Augusti $9,410 Deposits during August $33,200 42,610 Note collected for depositor, including $40 interest 1,070 43,680 Cheques cleared during August $35,800 7,880 Bank service charges 10 7,870 Balance, August 31 7,870 The general ledger Cash account contained the following entries for the month of August: Cash Balance, August 1 11,230 Disbursements in August 37,304 Receipts during August 35,300 Deposits in transitat August 31 are $3,900, and cheques outstanding at August 31 total $1,800. Cash currently on hand at August 31 is $300 and there were postdated cheques from customers (for September 1) in the amount of $570. The bookkeeper improperly entered one cheque in the books at $148.00. The cheque was actually written for $164.00 for supplies (expense) and cleared the bank during the month of August. Prepare a bank reconciliation dated August 31, 2020, proceeding to a correct balance (ust items that increase balance as per bank & books first.) Culver Corporation Bank Reconciliation, August 31, 2020 Provincial Bank of Manitoba CALCULATOR PRINT Prepare a bank reconciliation dated August 31, 2020, proceeding to a correct balance. (List Items that increase balance as per bank & books first.) Culver Corporation Bank Reconciliation, August 31, 2020 Provincial Bank of Manitoba $ CALCULATOR PRINTER VERSION 4 BACK Prepare entries that are needed to make the books correct and complete. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If nc required, select "No Entry" for the account titles and enter o for the amounts.) Account Titles and Explanation Debit Credit (To record collection of note and interest) o record bank charges) (To record error in recording cheque for supplies) What amount of cash should be reported on the August 31 statement of financial position? Cash balance Question Attemats: 0 of 1 used SAVE FOR LATER SUBMIT ANI