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The accountant at Maslmani co. prepared the following bank reconciliation at the end of August 2020. Masimani Co Bank reconciliation August 31.2000 Cash balance per bank SI5.260 Add: Deposit in transit 1.570 CITO correction 90 1.6605 less outstanding checks 12.600) Adjusted cash balance per bank $14.120 Cash balance per book 17.000 Add Debit memo of bank service charge for printing checks Credit memo of not receivable collection 200 920 1.170 Adjusted cash balance per book 18.120 As noted above, the adjusted cash balance per bank didn't equal the adjusted cash balance per book. Which indicated that some mistakes were done by the accountants. The following are information that may help you in detecting these mistakes. 1. The balance per bank before adjustment at 31. August is 17,000 and the balance per books before adjustment at the same date is 15,260S. 2. There is a transposition error in the deposit in transit, the correct amount is 1,7505 3. The error is related to a check paid during august, the check was correctly recorded by the company with a value of 870. But the bank has incorrectly debited Maslmani account with an amount of 780. 4. Interest collected on the note per bank statement at august 31 is 30s, this amount was not included in the bank reconciliation by the company at the end of august. Based on the previous information. Find the following amounts: 1 The cash balance per bank before adjustment at August 31 is The correct amount of DIT at August 31 (please use signs le next to the number) As noted above, the adjusted cash balance per bank didn't equal the adjusted cash balance per book. Which indicated that some mistakes were done by the accountants. The following are information that may help you in detecting these mistakes. 1. The balance per bank before adjustment at 31. August is 17,000 and the balance per books before adjustment at the same date is 15,260$. 2. There is a transposition error in the deposit in transit, the correct amount is 1,750S 3. The error is related to a check paid during august, the check was correctly recorded by the company with a value of 870. But the bank has incorrectly debited Maslmani account with an amount of 780. 4. Interest collected on the note per bank statement at august 31 is 30$, this amount was not included in the bank reconciliation by the company at the end of august. Based on the previous information, Find the following amounts: The cash balance per bank before adjustment at 2 The correct amount of DIT at August 31 (please use signs next to the number) 3 The correct amount of error correction please use signs - next to the number) The correct amount of OSC (outstanding checks) 4 at August 31 (please use signs - next to the number) 5 The adjusted cash balance per bank at August 31 6 The cash balance per book before adjustment August 31 is 7 The correct amount of Bank service charge DM please use signs - next to the number) The correct total amount collected by the bank please use signsten to the number) 9 The adjusted cash balance per book at August 31 Write the correcting entry recorded by Maslamani co relating the error 11 Write the required journal entry relating to the SC Write the required journal entry relating to the collection of Note receivable 1 August 31s 8 10 12
