Proof of Cash

1.. The cash balance as of July 31 per the bank statement (the beginning of August balance) was $90,425

2. The cash balance as of July 31 per the company books was $81,180

3, The total cash receipts (deposits) per the August bank statement a re $915,176. There were $16,422 of deposits in transit on July 31st. There are $21,118 of deposits in transit on August 31st.

4. The total cash receipts on the company books during August are $919,872

5. The total cash payments per the bank statement for August are $851,759, These payments include $26,042 of checks outstanding on July 31st. There are $33,561 of checks outstanding on August 31st.

6. The total cash payments on the company books during August: $856,446

7. Bank error, an incorrect check charged to the company's account by the bank: $583.

8. Service charges, $70; NSF check, $349; error in recording check 216, written and deducted by the bank as $695 but recorded on the cash payment journal as $965

9. Interest on a bank loan the month of August by the bank but not included on the books: $2,475