Jan. 19 $5,000 Jan. 27 $2,400 Jan. 31 $670 Total deposits and other increases INT $8,070 Checks paid and other decreases: Jan. 15 Sk.no 213 $423 Jan. 29 Ck.no.216 $136 Jan. 30 $ 20 DM Total checks paid and other decreases Jan. 31 Balance this statement $589 $12,342.23 Explanation of symbols: INT DM Interest earned on average bank balance Debit memoranda a. Comparison of the January's bank statement and company records reveal the following additional information: Check No. 216 issued in payment for purchase of merchandise inventory is accurately cleared by the bank but erroneously recorded in the company's accounting books as $163. The debit memoranda represent EFT payment of electricity bill by the bank on behalf of Silver Inc. b. What is unadjusted balance of cash per company records as of January 31?* 16. Silver Inc. maintains a checking account with ABC Bank. The following ledger account provides information for the records related to the beginning balance, deposits, and payments with check. The following cash ledger account is obtained from the company's ledger book for the month ending January 31. Cash Account Jan. 1 Jan. 19 Jan. 27 Jan. 30 Jan. 31 Deposits: Balance $4,851.23 Deposit $5,000 Deposit $2,400 Deposit $1,000 Deposit $800 Checks written: Jan 13 Ck.no. 213 Jan. 24 Ck.no, 214 Jan.26 Ck.no. 215 Jan.28 Ck.no. 216 $423 $125 $200 $163 The bank statement for the month ended January 31, on the other hand, reveals the following: $4,851.23 Bank Statement Previous statement balance (Beginning balance) Deposits and other increses: Jan. 19 $5,000 Jan. 27 $2,400 Jan. 31 $670 INT Total deposits and other increases $8,070