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Nickleson Company had an unadjusted cash balance of $ 7 , 7 5 0 as of May 3 1 . The company s bank statement,
Nickleson Company had an unadjusted cash balance of $ as of May The companys bank statement, also dated May included a $ NSF check written by one of Nicklesons customers. There were $ in outstanding checks and $ in deposits in transit as of May According to the bank statement, service charges were $ and the bank collected a $ note receivable for Nickleson. The bank statement also showed $ of interest revenue earned by Nickleson.
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