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following facts. 1. The bank service charge for July was $21. 2. The bank collected $1,700.00 for Shamrock Company through electronic funds transfer. 3. The
following facts. 1. The bank service charge for July was $21. 2. The bank collected $1,700.00 for Shamrock Company through electronic funds transfer. 3. The July 31 receipts of $1,377.30 were not included in the bank deposits for July. These receipts were deposited by the company in a night deposit vault on July 31 . 4. Company check No. 2480 issued to L. Taylor, a creditor, for $374 that cleared the bank in July was incorrectly entered in the cash payments record on July 10 for $347. 5. Checks outstanding on July 31 totaled $2,031.10. 6. On July 31, the bank statement showed an NSF charge of $755.00 for a check received by the company from W. Krueger, a customer, on account. parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)
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