Timmins Company of Emporia, Kansas, spreads herbicides and applies liquid fertilizer for local farmers. On May 31, 2020, the company's Cash account per its general ledger showed a balance of $6,201.00. The bank statement from Emporia State Bank on that date showed the following balance. Emporia State Bank Checks and Debits Deposits and Credits Daily Balance XXX XXX 5-31 6,310.40 A comparison of the details on the bank statement with the details in the Cash account revealed the following facts. 1. The statement included a debit memo of $50 for the printing of additional company checks. 2. 3. 4. Cash sales of $821.44 on May 12 were deposited in the bank. The cash receipts entry and the deposit slip were incorrectly made for $881.44. The bank credited Timmins Company for the correct amount. Outstanding checks at May 31 totaled $237.45, and deposits in transit were $1.671.05. On May 18, the company issued check No. 1181 for $685 to H. Moses, on account. The check, which cleared the bank in May, was incorrectly journalized and posted by Timmins Company for $658. 5. $2.700 was collected by the bank for Timmins Company on May 31 through electronic funds transfer. Question 3 of 5 < > A comparison of the details on the bank statement with the details in the Cash account revealed the following facts. 1. The statement included a debit memo of $50 for the printing of additional company checks. -/1 : 2. 3. 4. Cash sales of $821.44 on May 12 were deposited in the bank. The cash receipts entry and the deposit slip were incorrectly made for $881.44. The bank credited Timmins Company for the correct amount. Outstanding checks at May 31 totaled $237.45, and deposits in transit were $1.671.05. On May 18, the company issued check No. 1181 for $685 to H. Moses, on account. The check, which cleared the bank in May, was incorrectly journalized and posted by Timmins Company for $658. 5. $2,700 was collected by the bank for Timmins Company on May 31 through electronic funds transfer. 6. 7. Included with the canceled checks was a check issued by Tomins Company to C. Pernod for $390 that was incorrectly charged to Timmins Company by the bank. On May 31, the bank statement showed an NSF charge of $630 for a check issued by Sara Ballard, a customer, to Timmins Company on account. O Search /was/ui/v2/assessment-player/inc 3th Edition Question 3 of 5 < > Cash Balance Per Bank Statement Bank Reconciliation May 31, 2020 -/1 E Add Less Anited Cash Balance Per Bank Cash Balance Per Books journal doc Question 3 of 5 < > Less : Adjusted Cash Balance Per Bank Cash Balance Per Books Add- lest v Y -/1 E Adjusted Cash Balance Per Books v