On July 31, 2024, Daisy Company had a cash balance per books of $7,250. The statement from

Canada Bank on that date showed a balance of $7,690.80. A comparison of the bank statement

with the Cash account revealed the following facts:

1. The bank service charge for July was $25.

2. The bank collected $1,520 of rental revenue for Daisy Company through

electronic fundstransfer.

3. The July 31 receipts of $1,193.30 were not included in the bank deposits for

July. These receipts were deposited by the company in a night deposit vault on

July 31.

4. The June 30 deposit of $2,350 was not included in the June bank statement. This

amount was included in the July statement.

5. Company cheque No. 2480 issued to M. Wallace, a creditor, for $384 that

cleared the bank in July was incorrectly entered as a cash payment on July 10 for

$348.

6. Cash sales of $870 on July 28 were deposited in the bank. The journal entry to

record the cash receipt and the deposit slip were incorrectly made out and

recorded by the bookkeeper as $780. The bank detected the error on the

deposit slip and credited Daisy Company for the correct amount.