The Sandhill Boat Company's bank statement forth f November showed a balance per bank of $8.100. The company's Cash account in the general ledger had a bonne of $600 at November 30. Other information is as follows:
(1) Cash receipts for November 30 recorded on the company's books were $6.070 but this amount does not appear on the bank statement.
(2) The bank statement shows a debit memorandum for $50 for check printing charges
(3) Check No. 119 payable to Carla Vista Company was recorded in the cash payments journal and cleared the bank for $258. A review of the accounts payable subsidiary ledger show a $27tredit Balance in the account of Carla Vista Company and that the payment to them should have been for $285.
(4) The total amount of checks still outstanding at November 30 amounted to $6,020
(5) Check No 198 was correctly written and paid by the bank for $406. The cash payment journal reflects an entry for check no.138 as a debit to accounts payable and a credit to cash in bank for $460
(6) The bank returned an NSF check from a customer for $630.
(7) The bank included a credit memorandum for $2.680 which represents a collection of a customer's note by the bank for the company: the principal amount of the note was $2.546 and interest was $134. Interest has not been accrued
