On October 31, 2018, Damon Company's general ledger shows a checking account balanced of $8, 397. The company's cash receipts for the month total $74, 320, of which $71, 295 has been deposited in the bank, in addition, the company has written checks for $72, 467, of which $70, 982 has been processed by the bank. The bank statement reveals an ending balanced of $11, 727 and includes the following items not yet recorded by Damon; bank service fees of $150, note receivable collected by bank of $5,000, and interest earned on the account balance plus from the note of $320. After closer inspection, Damon relies that the bank incorrectly changed the company's account $300 for an automatic withdrawal that should have been charged to another customers' account. The bank agrees to the error