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Question # 3: (10 points) The cash account for Maram Inc. on November 30, 2010, indicated a balance of $5,699. The bank statement indicated a

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Question # 3: (10 points) The cash account for Maram Inc. on November 30, 2010, indicated a balance of $5,699. The bank statement indicated a balance of $13,167 on November 30, 2003. The following reconciling items were discovered. a) Checks outstanding totaled $5,175. b) A deposit of $3,842, representing cash receipts of November 30, had been made too late to appear on the bank statement. c) The bank had collected for Maram $4,800 on a note left for collection. The face of the note was $4,200. d) Maram had recorded a check for $2,040 returned with the statement as $2,400. The check was for the payment of a 3-year insurance policy. e) A check for $1,176 had been incorrectly charged by the bank as $176. f) Bank service charges for November amounted to $25

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