hunchid0d1dd710496403-47a5ab33a/question pters 7 and 8) Question 1 of 3 5/10 View Policies Show Attempt History Current Attempt in Progress When Cullumber Holdings Ltd. received its bank statement for the month of October, it showed that the company had a cash balance of $14,096 as at October 31. Cullumber's general ledger showed a cash balance of 516,018 at that date. A comparison of the bank statement and the accounting records revealed the following information: 1. 2 3. Bank service charges and debit and credit card processing fees for the month were 554 Acheque in the amount of $484 from one of Cullumber's customers that had been deposited during the last week of October was returned with the bank statement as "NSE Cheque #3421, which was a payment for utilities expenses had been correctly written for $722 but had been incorrectly recorded in the general ledger as $572 Cullumber had written and mailed out cheques with a value of $2,227 that had not yet cleared the bank account During the month, the bank collected a $1.680 note receivable plus the outstanding interest of S151 on behalf of Cullumber. The interest had already been accrued by Cullumber. The cash receipts for October 31 amounted to $5,292 and had been deposited in the night deposit chute at the bank on the evening of October 31. These were not reflected on the bank statement for October 4. 5. 6. Question 1 of 3 > (b) 5/10 Prepare any journal entries required from the reconciliation. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Oct. 31 (To record EFT collections) 31 (To record account receivable) 31 To adiustacheme 242 Acte Gomonon oharm acation.com/events signment (Chapters 7 and 8) Question 1 of 3 > 5/10 (To record EFT collections) 31 (To record account receivable) 31 (To adjust cheque #3421) 31 (To record bank service charge) e Textbook and Media List of Accounts Attempts: 0 of 3 used Siti Amma Save for Later