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The following information is for Wildhorse Company: 1. Cash balance per bank, July 31, $8,688. 2. July bank service charge not recorded by the
The following information is for Wildhorse Company: 1. Cash balance per bank, July 31, $8,688. 2. July bank service charge not recorded by the depositor, $27. 3. The bank erroneously charged another company's $830 cheque against Wildhorse's account. 4. Cash balance per books, July 31, $10,365. 5. The bank charged Wildhorse's account $410 for a customer's NSF cheque. 6. Deposits in transit, July 31, $2,600. 7. Wildhorse recorded a cash receipt for a cash sale from a customer as $32. The bank correctly recorded it as $23. 8. The bank collected a $1,480 note for Wildhorse in July, plus interest of $42, less a fee of $24. The collection has not been recorded by Wildhorse and no interest has been accrued. 9. Outstanding cheques, July 31, $701.
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