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Cheyenne Food Store developed the following information in recording its bank statement for the month of March. Balance per books March 31 $3,714 Balance per
Cheyenne Food Store developed the following information in recording its bank statement for the month of March. Balance per books March 31 $3,714 Balance per bank statement March 31 $10,559 (1) Checks written in March but still outstanding $7,050. (2) Checks written in February but still outstanding $3,150. (3) Deposits of March 30 and 31 not yet recorded by bank $5,250. (4) NSF check of customer returned by bank $1,250. (5) Check No. 210 for $694 was correctly issued and paid by bank but incorrectly entered in the cash payments journal as payment on account for $649. (6) Bank service charge for March was $75. (7) A payment on account was incorrectly entered in the cash payments journal and posted to the accounts payable subsidiary ledger fo
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