Question 16 of 20 The Sunland Boat Company's bank statement for the month of November showed a balance per bank of $8,800. The company's Cash account in the general ledger had a balance of $7,939 at November 30. Other information is as follows: (3) (1) Cash receipts for November 30 recorded on the company's books were $6,050 but this amount does not appear on the bank statement (2) The bank statement shows a debit memorandum for $40 for check printing charges. Check No. 119 payable to Sheridan Company was recorded in the cash payments journal and cleared the bank for $259. Areview of the accounts payable subsidiary ledger shows a $36 credit balance in the account of Sheridan Company and that the payment to them should have been for $295. The total amount of checks still outstanding at November 30 amounted to $5,120 (5) Check No 138 was correctly written and paid by the bank for 5509. The cash payment journal reflects an entry for Check No 138 as a debit to Accounts Payable and a credit to Cash in Bank for $590, 16) The bank returned an NSE check from a customer for $630 The bank included a credit memorandum for $2,380 which represents a collection of a customer's note by the bank for the company, the principal amount of the note was $2,322 and interest was $58. Interest has not been accrued | 171 SUNLAND BOAT COMPANY Bank Reconciliation November 30 Cash Balance $ Add 3 > $ a