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Cullumber Compainy of Emporia, Kansa5, spreads herbicides and applies liquid fertilizer for local farmers. On May 31,2025 , the company's Cash account per its general

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Cullumber Compainy of Emporia, Kansa5, spreads herbicides and applies liquid fertilizer for local farmers. On May 31,2025 , the company's Cash account per its general ledger showed a balance of $6,798.90. The bank statement from Emporia State Bank on that date showed the following balance. A comparispnof the details on the bank statement with the details in the Cash account revealed the following facts. 1. The statement included a debit memo of $52.00 for the printing of additional company checks. 2. Cashsales of $895.15 on May 12 were deposited in the bank. The cash receipts journal entry and the deposit stip were Incorrectly made for \$945.15. The bank credited Cullumber Company for the correct amount. 3. Outstanding checks at May 31 totaled $285.25, and deposits in transit were $1.892.15. 4. On May 18, the company issued check No. 1181 for $684.00 to H. Moses, on account. The check, which cleared the bank in 4. On May 18, the company issued check No. 1181 for $684.00 to H. Moses, on account. The check, which cleared the bank in May, was incorrectly journalized and posted by Cullumber Company for $648.00. 5. $2,762.00 was collected from a customer's note receivable by the bank for Cullumber Company on May 31 through electronic funds transfer. 6. Included with the canceled checks was a check issued by Tomins Company to C. Pernod for $348.00 that was incorrectly charged to Cullumber Company by the bank. 7. On May 31, the bank statement showed an NSF charge of $440.00 for a check issued by Sara Ballard, a customer, to Cullumber Company on ccount. CULLUMBER COMPANY Bank Reconciliation Adjusted cash balance per bank * Bankerror Casbbalance per bank statement Check printing charge Deposits in transit Electronic funds transfer recelved Error in deposit Error in recording check NSF checl Outstanding checks

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