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Bank Reconciliation and Entries The cash account for Highlander Diamond Co. on April 1, 20Y5, indicated a balance of $35,400. During April, the total cash deposited was $120,255, and checks written totaled $109,200. The bank statement indicated a balance of $60,927 on April 30, 20Y5. Comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed the following reconciling items: a. Checks outstanding totaled $21,450. b. A deposit of $13,913, representing receipts of April 30, had been made too late to appear on the bank statement. c. A check for $710 had been incorrectly charged by the bank as $170. d. A check for $220 returned with the statement had been recorded by Highlander Diamond Co. as $2,200. The check was for the payment of an obligation to Dirt Dog Inc. on account. e. The bank had collected for Highlander Diamond $6,480 on a note left for collection. The face of the note was $6,000. f. Bank service charges for April amounted to $115. g. A check for $1,950 from Fly Ball Co. was returned by the bank because of insufficient funds.

The cash account for Hightander Damond Co. on Agnl 1, 20Y5, indicated a balance of 535,400 . During Apnt, the total cash deposited was 5120,255 , and checks written totaled $109,200. The bank statement indicated a balance of $60,927 on April 30 , 20rs. Comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed the following reconcling items: a. Checks outstanding totaled $21,450 b. A depest of \$13,913, representing recrepts of Apal 30 , had been made teo tste to appear on the bank statement. c. A check for $710 had been incorrectly charged by the bank as 5170 . account: e. The barik had collected for Hightander Damond $6,460 on a note left for collection. The face of the note was $6,000. t. Bank service charges for Agril arnounted to \$115. 9. A check for $1,950 from fly Ball Ca. was returned by the bank because of insulficeert funds

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