Question $5$ of $5$

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The following errors were found when the controller at Cullumber Camping was doing the July $31$ bank reconciliation.

On July $9,$ Cullumber recorded a deposit as $$2,073.$ The correct amount was $$7,320.$ The deposit was for the collection of an account receivable and the bank recorded it correctly.

On July $14,$ Cullumber recorded a payment on account as $$2,800.$ The correct amount was $$2,080.$ It was correctly recorded by the bank.

On July $16,$ Cullumber recorded a payment for the purchase of supplies as $$480.$ The correct amount was $$840.$ It was correctly recorded by the bank.

On July $22,$ the bank recorded a deposit as $$840.$ The correct amount was $$480.$ This error was corrected by the bank on July $23.$ Cullumber had correctly recorded the deposit.

On July $25.$ Cullumber recorded a deposit as $$684.$ The correct amount was $$864.$ The deposit was for the collection of an account receivable. This deposit was correctly recorded by the bank on July $28.$

On July $31,$ the bank debited Cullumber's account $$440$ for a cheque written by another company, Country Land, because the

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account number on the cheque had been damaged. The bank employee who looked up the account number made a mistake.

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