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The following information pertains to Blossom Corporation. 1. Balance per bank, July 31, $7,479. 2. July bank service charge not yet recorded by Blossom, $25.
The following information pertains to Blossom Corporation.
1. | Balance per bank, July 31, $7,479. | |
2. | July bank service charge not yet recorded by Blossom, $25. | |
3. | Balance per books, July 31, $7,815. | |
4. | Deposits in transit, July 31, $2,367. | |
5. | Electronic collection on account (EFT) from a customer, $1,673 not yet recorded by Blossom. | |
6. | Outstanding cheques, July 31, $783. | |
7. | Returned cheque from the deposit of a collection on account, $360, due to nonsufficient funds. Related bank service charge, $40. The charges will be added to the customer's account. |