Saved Help Save & Exit After returning from a three-day business trip, the accountant for Southeast Sales, Johanna Estrada, checked bank activity in the company's checking account online. The activity for the last three days follows. Date Business Checking Type 09/24/20X1 Loan Payment 09/24/20X1 Deposit 09/23/20X1 Check 09/23/20X1 Bill Payment 09/22/20X1 09/22/20X1 Check Account #123456-987 Description Online Transfer to CM XXX DEPOSIT ID NUMBER 8888 CHECK #1554 (view) Online Payment Additions Payments Balance $3,900.00 $13,518.06 $2,259.60 $17,418.06 CHECK #1553 (view) Check CHECK #1551 (view) 09/22/20X1 ACH Credit 09/22/20X1 ATM Edwards UK AP PAYMENT ATM WITHDRAWAL $8,800.00 $$$ $3,400.00 $15,158.46 25.05 $18,558.46 230.00 $18,583.51 $3,400.00 $18,813.51 $22,213.51 $ 230.00 $13,413.51 After matching these transactions to the company's Cash account in the general ledger, Johanna noted the following unrecorded transactions: 1. The ATM withdrawal on 9/22/20X1 was for personal use by the owner, Robert Savage. 2. The ACH credit on 9/22/20X1 was an electronic funds payment received on account from Edwards UK, a credit customer located in Great Britain. 3. The bill payment made 9/23/20X1 was to Waste Control Trash Services (utilities). 4. The loan payment on 9/24/20X1 was an automatic debit by Central Motors for the company's monthly payment on a loan for its automobiles. The loan does not bear interest. < Prev 7 of 14 Next >