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The following data apply to Pro Beauty Supply Inc. for May 2016: 1. Balance per the bank on May 31, $11,080. 2. Deposits in transit
The following data apply to Pro Beauty Supply Inc. for May 2016: |
1. | Balance per the bank on May 31, $11,080. |
2. | Deposits in transit not recorded by the bank, $2,400. |
3. | Bank error; check written by Best Beauty Supply was charged to Pro Beauty Supplys account, $700. |
4. | The following checks written and recorded by Pro Beauty Supply were not included in the bank statement: |
3013 | $ | 110 |
3054 | 530 | |
3056 | 1,700 | |
5. | Note collected by the bank $750. |
6. | Service charge for collection of note, $24. |
7. | The bookkeeper recorded a check written for $628 to pay for the May utilities expense as $538 in the cash disbursements journal. |
8. | Bank service charge in addition to the note collection fee, $25. |
9. | Customer checks returned by the bank as NSF, $138. |
Required: |
Determine the amount of the unadjusted cash balance per Pro Beauty Supplys books. |
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