Problem 7-3A On July 31, 2017, Wildhorse Co. had a cash balance per books of $6,345.00. The statement from Dakota State Bank on that date showed a balance of $7,895.80. A comparison of the bank statement with the Cash account revealed the following facts. The bank service charge for July was $18.00. The bank collected $1,620.00 for Wildhorse Co. through electronic funds transfer. The July 31 receipts of $1,300.30 were not included in the bank deposits for July. These receipts were deposited by the company in a night deposit vault on July 31 Company check No. 2480 issued to L. Taylor, a creditor, for $374.00 that cleared the bank in July was incorrectly entered in the cash payments journal on July 10 for $347.00. 1. 2. 3. 4. 5. Checks outstanding on July 31 totaled $1,951.10. On July 31, the bank statement showed an NSF charge of $675.00 for a check received by the company from W. Krueger, a customer, on account. 6