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Larkspur Company of Emporia, Kansas, spreads herbicides and applies liquid fertilizer for local farmers. On May 31, 2022, the company's Cash account showed a balance

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Larkspur Company of Emporia, Kansas, spreads herbicides and applies liquid fertilizer for local farmers. On May 31, 2022, the company's Cash account showed a balance of $6,848,90 The bank statement from Emporia State Bank on that date showed the following balance. Checks and Debits XXX Emporia State Bank Deposits and Credits Daily Balance 5-31 7,078.00 1. 2 3. 4. A comparison of the details on the bank statement with the details in the Cash account revealed the following facts. The statement included a debit memo of $62.00 for the printing of additional company checks. Cash sales of $905.15 on May 12 were deposited in the bank. The cash receipts record and the deposit slip were incorrectly made for $955.15. The bank credited Larkspur Company for the correct amount. Outstanding checks at May 31 totaled $285.25, and deposits in transit were $1,902.15. On May 18, the company issued check No. 1181 for $684.00 to H. Moses, on account. The check, which cleared the bank in May, was incorrectly recorded by Larkspur Company for $648.00. $2,822.00 was collected by the bank for Larkspur Company on May 31 for a note receivable through electronic funds transfer 6. Included with the canceled checks was a check issued by Tomins Company to C. Pernod for $338.00 that was incorrectly charged to Larkspur Company by the bank. 7. On May 31, the bank statement showed an NSF charge of $490.00 for a check issued by Sara Ballard, a customer to Larkspur Company on account. 5. LARKSPUR COMPANY Bank Reconciliation $ $ $

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