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On July 31, 2025, Blossom Company had a cash balance per books of $6,350.00. The statement from Dakota State Bank on that date showed a
On July 31, 2025, Blossom Company had a cash balance per books of $6,350.00. The statement from Dakota State Bank on that date showed a balance of $790080. A comparison of the bank statement with the Cash account reveated the following facts. 1. The bank service charge for July was $17.00 2. The bank collected $1,62500 from a customer for Blossom Conpany through electronic funds transfer 3. The July 31 receipts of $1,306,30 were not included in the bank deposic for July. These receipts were deposited by the company in a night deposit vauit on July 31. 4. Company check No, 2480 issued to L Tnylor, a cteditor, for $364.00 that cleared the bank in July was incorrectly entered in the cash payments journal on July 10 for $34600. 5. Checks outstanding on July 31 totaled $1,947,10 6 On July 31 , the bankstatement showed an NSF charge of $680.00 for a check received by the company from W. Krueger, a customer, on account. (Torecordelectranis hunsh tramier) whts (Torecerd Ag thed) Nhtt Cocerrect error in recotdint check why 31 Torecond bank stevice chargel
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