Petersons companies general ledger shows a cash balance of $7850 on me 31st 2016 make cash receipts of $1250 included in the general ledger balance are placed in the night depository at the bank and May 31 and processed by the bank and June 1 the bank statement dated May 31 shows in nonsufficient check for $200 in service charge of $50 the bank possesses all checks written by the company by May 31 and list them on the bank statement except for one check totaling 1640 the bank statement shows a balance of $7990 on May 31