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Current Attempt in Progress On May 31, 2024, Sunband Theatre's cash account per its general led per showed the follewing bolance: The bark stafement from

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Current Attempt in Progress On May 31, 2024, Sunband Theatre's cash account per its general led per showed the follewing bolance: The bark stafement from Canada Bank on that date showed the following balance: A comparison of the details on the bank statement wath the details in the Cash account revealed the following facts 1. The statemsent included a debit memo of 940 foe the monthly bank service charges. 2. Couk saies of $736 on May 12 were deporited in the bank. The bookheeper recorded the deposit in the cash ournal a 5746 3. Outstanding cheqoes on May 31 totalied $453 and depovits in tramil vere 51,264. 4. On May 18, the company issued cheqoe B 1581 for 56 ti4 to M Wikon, on accounc. The chicque, wichicleared the bank in May. was incorrectly fournalized and posted by Sunland Theaere for $648 5. A $2.200 note receivable was wired to the bank account of Suniand Theatre on Miry 31 linterest wasnotrolkgiedfor ithe A comparison of 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 $40 for the monthly bank service charges. 2. Cash sales of $736 on May 12 were deposited in the bank. The bookkeeper recorded the deposit in the cash journal as $746. 3. Outstanding cheques on May 31 totalled $453 and deposits in transit were $1.264. 4. On May 18 , the company issucd cheque 81581 for $684 to M. Wilson, on account. The cheque, which cleared the bank in May, was incorrectly journalized and posted by Sunland Theatre for $648. 5. A $2,200 note receivable was wired to the bank account of Sunland Theatre on May 31. Interest was not collected for the note. 6. Included with the cancelled cheques was a cheque issued by Crane Theatre for $530 that was incorrectly charged to Sunland Theatre by the bank: 7. On May 31, the bank statement showed an NSF charge of $805 for a cheque issued by Tyler Taylor, a cistomer, to Surland Theatre on account. This payment was previously deposited by Sunland Theatre. The NSF charge included a 510 processing fee. The company's policy is to pass on all NSF service charges to the customer

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