K Dean Knight operates a roller skating center, Wheels USA. He has just received the company's monthly bank statement at January 31 from Frederick National Bank, and the statement shows an ending balance of $725. Listed on the statement are an EFT rent collection of $330, a service charge of $9, two NSF checks totaling $115, and an $11 charge for printed checks In reviewing his cash records, Knight identifies outstanding checks totaling $606 and a January 31 deposit in transit of $1,800. During January, he recorded a $290 check for the salary of a part-time employee as $29. Knight's Cash account shows a January 31 cash balance of $1,985 Dood the resuromont

Dean Knight operates a roller skating center, Wheels USA He has just received the company's monthly bank statement at January 31 from Fredenck National Bank, and the statement shows an ending balance of $725 Listed on the statement are an EFT rent collection of $330, a service charge of $9, two NSF checks tolaling $115, and an $11 charge for printed checks in reviewing his cash records, Knight identfies outstanding checks totaling $606 and a January 31 deposit in transit of $1,800. During January, he recorded a $290 check for the salary of a part-time employee as $29. Knights Cash account shows a January 31 cash balance of $1,985. Dean Knight operates a roller skating center, Wheels USA He has just received the company's monthly bank statement at January 31 from Fredenck National Bank, and the statement shows an ending balance of $725 Listed on the statement are an EFT rent collection of $330, a service charge of $9, two NSF checks tolaling $115, and an $11 charge for printed checks in reviewing his cash records, Knight identfies outstanding checks totaling $606 and a January 31 deposit in transit of $1,800. During January, he recorded a $290 check for the salary of a part-time employee as $29. Knights Cash account shows a January 31 cash balance of $1,985