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Question 1 of 1 36.36 / 100 Current Attempt in Progress Sandhill Co. of Emporia, Kansas, spreads herbicides and applies liquid fertilizer for local farmers.

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Question 1 of 1 36.36 / 100 Current Attempt in Progress Sandhill Co. of Emporia, Kansas, spreads herbicides and applies liquid fertilizer for local farmers. On May 31, 2022, the company's Cash account per its general ledger showed a balance of $ 6.888.90. The bank statement from Emporia State Bank on that date showed the following balance. EMPORIA STATE BANK Checks and Debits Deposits and Credits Xxx XXX Daily Balance 5 31 7.118.00 A comparison of the details on the bank statement with the details in the Cash account revealed the following facts. 1. 2. 3. 4. The statement included a debit memo of $ 54.00 for the printing of additional company checks. Cash sales of $ 897.15 on May 12 were deposited in the barik. The cash receipts journal entry and the deposit slip were incorrectly made for $947.15. The bank credited Sandhill Co. for the correct amount Outstanding checks at May 31 totaled $ 285.25, and deposits in transit were $ 1.894 15. On May 18. the company issued check No. 1181 for $ 684.00 to H. Moses, on account. The check, which cleared the bank in May,was incorrectly journalized and posted by Sandhill Co. for $ 648.00. $2,854.00 was collected from a customer note receivable by the bank for Sandhill Co. on May 31 through electronic funds transfer Included with the canceled checks was a check issued by Tomins Company to C. Pernod for $346.00 that was incorrectly charged to Sandhill Co. by the bank. On May 31, the bank statement showed an NSF charge of $ 530.00 for a check issued by Sara Ballard, a customer to Sandhill Co. on account. 5. 6. 7 7,118.00 Gash balance per bank statement Add Deposits in transit 1894.15 Bank error 346.00 2.240.15 9,358.15 285.25 Less VE Outstanding checks 9,072.90 Adjusted cash balance per bank 6,888.90 Cash balance per books 2,854.00 Add Electronic funds transfer received 9,742.90 Less 530,00 i NSF check Chapter 3 Oletion of acer F2 13 FS FE F10 411 512 Sor Prisc Syno Pause Break A & % 5 3 4 6 77 8 9 0 Chapter 7 No. 2 Question of = ace FT F5 E 110 & 711 712 Sot Syysit Par & + 3 $ 4 % 5 DON 2 6 7 8 8 9 9 0 . W E R 0 O P 6 S G H 3

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