When Sandhill Holdings Ltd. received its bank statement for the month of October, it showed that the company had a cash balance of $17,340 as at October 31. Sandhill's general ledger showed a cash balance of $18,685 at that date. A comparison of the bank statement and the accounting records revealed the following information: 1. Bank service charges and debit and credit card processing fees for the month were $61. 2. A cheque in the amount of $568 from one of Sandhill's customers that had been deposited during the last week of October was returned with the bank statement as "NSF." 3. Cheque \#3421, which was a payment for utilities expenses, had been correctly written for $841 but had been incorrectly recorded in the general ledger as $670. 4. Sandhill had written and mailed out cheques with a value of $2,611 that had not yet cleared the bank account. 5. During the month, the bank collected a $1,960 note receivable plus the outstanding interest of $176 on behalf of Sandhill. The interest had already been accrued by Sandhill. 6. The cash receipts for October 31 amounted to $5,292 and had been deposited in the night deposit chute at the bank on the evening of October 31. These were not reflected on the bank statement for October. Date Account Titles and Explanation Oct. 31 Cash Notes Receivable Interest Receivable 31 Accounts Receivable Cash (To record NSF cheque) 31 Utilities Expense Cash (To adjust cheque \#3421) 31 Debit Credit 171 Jash When Sandhill Holdings Ltd. received its bank statement for the month of October, it showed that the company had a cash balance of $17,340 as at October 31. Sandhill's general ledger showed a cash balance of $18,685 at that date. A comparison of the bank statement and the accounting records revealed the following information: 1. Bank service charges and debit and credit card processing fees for the month were $61. 2. A cheque in the amount of $568 from one of Sandhill's customers that had been deposited during the last week of October was returned with the bank statement as "NSF." 3. Cheque \#3421, which was a payment for utilities expenses, had been correctly written for $841 but had been incorrectly recorded in the general ledger as $670. 4. Sandhill had written and mailed out cheques with a value of $2,611 that had not yet cleared the bank account. 5. During the month, the bank collected a $1,960 note receivable plus the outstanding interest of $176 on behalf of Sandhill. The interest had already been accrued by Sandhill. 6. The cash receipts for October 31 amounted to $5,292 and had been deposited in the night deposit chute at the bank on the evening of October 31. These were not reflected on the bank statement for October. Date Account Titles and Explanation Oct. 31 Cash Notes Receivable Interest Receivable 31 Accounts Receivable Cash (To record NSF cheque) 31 Utilities Expense Cash (To adjust cheque \#3421) 31 Debit Credit 171 Jash