Problem 7-5A Sunland Company of Emporia, Kansas, spreads herbicides and applies liquid fertilizer for local farmers. On May 31, 2017, the company's Cash account per its general ledger showed a balance of $6,878.90 The bank statement from Emporia State Bank on that date showed the following balance. EMPORIA STATE BANK Checks and Debits Deposits and Credits Daily Balance 5-31 7,108.00 A comparison of the details on the bank statement with the details in the Cash account revealed the following 1. The statement included a debit memo of $52.00 for the printing of additional company checks. 2. Cash sales of $895.15 on May 12 were deposited in the bank. The cash receipts journal entry and the deposit slip were incorrectly made for $945.15. The bank credited Sunland Company for the correct amount. 3. Outstanding checks at May 31 totaled $294.25, and deposits in transit were $1,892.15. 4. On May 18, the company issued check No. 1181 for $683.00 to H. Moses, on account. The check, which 5. A $2,842.00 note receivable was collected by the bank for Sunland Company on May 31 through electronic 6. Included with the canceled checks was a check issued by Tomins Company to C. Pernod for $348.00 that 7. On May 31, the bank statement showed an NSF charge of $520.00 for a check issued by Sara Ballard, a cleared the bank in May, was incorrectly journalized and posted by Sunland Company for $638.00. funds transfer was incorrectly charged to Sunland Company by the bank. customer, to Sunland Company on account