On October 31, 2021, Wildhorse Company had a cash balance per books of $8,967 The bank statement on that date showed a balance of $10,171 A comparison of the statement with the Cash account revealed the following 1 The statement included debit memos of $51 for the printing of additional company cheques and $46 for bank service charges 2 Cash sales of $528 on October 12 were deposited in the bank The journal entry to record the cash receipt and the deposit slip were incorrectly made out and recorded by Wildhorse as $852 The bank detected the error on the deposit slip and credited Wildhorse Company for the correct amount 3 The September 30 deposit of $1,001 was included on the October bank statement The deposit had been placed in the banks night deposit vault on September 30 4 The October 31 deposit of $976 was not included on the October bank statement The deposit had been placed in the bank's night deposit vault on October 31 5 Cheques 1006 for $431 and 1072 for $991 were outstanding on September 30 Of these, 1072 cleared the bank in October All the cheques written in October except for 1278 for $561, 1284 for $651, and 1285 for $331 had cleared the bank by October 31 6 On October 18, the company issued cheque 1181 for $457 to Helms Co , on account The cheque, which cleared the bank in October, was incorrectly journalized and posted by Wildhorse Company for $574 7 A review of the bank statement revealed that Wildhorse Company received electronic payments from customers on account of $1,891 in October The bank had also credited the account with $41 of interest revenue on October 31 Wildhorse had no previous notice of these amounts 8 Included with the cancelled cheques was a cheque issued by Lasik Company for $601 that was incorrectly charged to Wildhorse Company by the bank 9 On October 31, the bank statement showed an NSF charge of $821 for a cheque issued by W Hoad, a customer, to Wildhorse Company on account This amount included a $32 service charge by the bank The company's policy is to pass on all NSF fees to the customer Question 5 of 5

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On October 31, 2021, Wildhorse Company had a cash balance per books of $8,967. The bank statement on that date showed a balance of $10,171.

On October 31, 2021, Wildhorse Company had a cash balance per books of $8,967. The bank statement on that date showed a balance of $10,171. A comparison of the statement with the Cash account revealed the following:

1.		The statement included debit memos of $51 for the printing of additional company cheques and $46 for bank service charges.
2.		Cash sales of $528 on October 12 were deposited in the bank. The journal entry to record the cash receipt and the deposit slip were incorrectly made out and recorded by Wildhorse as $852. The bank detected the error on the deposit slip and credited Wildhorse Company for the correct amount.
3.		The September 30 deposit of $1,001 was included on the October bank statement. The deposit had been placed in the banks night deposit vault on September 30.
4.		The October 31 deposit of $976 was not included on the October bank statement. The deposit had been placed in the bank's night deposit vault on October 31.
5.		Cheques #1006 for $431 and #1072 for $991 were outstanding on September 30. Of these, #1072 cleared the bank in October. All the cheques written in October except for #1278 for $561, #1284 for $651, and #1285 for $331 had cleared the bank by October 31.
6.		On October 18, the company issued cheque #1181 for $457 to Helms & Co., on account. The cheque, which cleared the bank in October, was incorrectly journalized and posted by Wildhorse Company for $574.
7.		A review of the bank statement revealed that Wildhorse Company received electronic payments from customers on account of $1,891 in October. The bank had also credited the account with $41 of interest revenue on October 31. Wildhorse had no previous notice of these amounts.
8.		Included with the cancelled cheques was a cheque issued by Lasik Company for $601 that was incorrectly charged to Wildhorse Company by the bank.
9.		On October 31, the bank statement showed an NSF charge of $821 for a cheque issued by W. Hoad, a customer, to Wildhorse Company on account. This amount included a $32 service charge by the bank. The company's policy is to pass on all NSF fees to the customer.