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The following data apply to Pro Beauty Supply Incorporated for May Year 1: Balance per the bank on May 31: $9,150. Deposits in transit not
The following data apply to Pro Beauty Supply Incorporated for May Year 1: Balance per the bank on May 31: $9,150. Deposits in transit not recorded by the bank: $1,510. Bank error; check written by Best Beauty Supply was charged to Pro Beauty Supplys account: $560. The following checks written and recorded by Pro Beauty Supply were not included in the bank statement. 3013 $ 510 3054 640 3056 1,520 Note collected by the bank: $500. Service charge for collection of note: $20. The bookkeeper mistakenly recorded a check for $230 but the check was correctly written for May utilities in the amount of $320. Bank service charge in addition to the note collection fee: $40. Customer checks returned by the bank
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