journal..v
he cash account for Coastal Bike Co. at October 1, 20Y9,indicated a balance of $32,788. During October, the total cashdeposited was $139,699, and checks written totaled $138,679. Thebank statement indicated a balance of $42,830 on October 31, 20Y9.Comparing the bank statement, the canceled checks, and theaccompanying memos with the records revealed the followingreconciling items:
| A. | Checks outstanding totaled $6,659. |
| B. | A deposit of $1,875 representing receipts of October 31, hadbeen made too late to appear on the bank statement. |
| C. | The bank had collected for Coastal Bike Co. $6,195 on a noteleft for collection. The face of the note was $5,900. |
| D. | A check for $170 returned with the statement had beenincorrectly charged by the bank as $710. |
| E. | A check for $310 returned with the statement had been recordedby Coastal Bike Co. as $130. The check was for the payment of anobligation to Rack Pro Co. on account. |
| F. | Bank service charges for October amounted to $24. |
| G. | A check for $1,213 from Bay View Condos was returned by thebank due to insufficient funds. |
