The following information pertains to Manning Video Company. 1....
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Accounting
The following information pertains to Manning Video Company.
1.
Cash balance per bank, July 31, $8,363.
2.
July bank service charge not recorded by the depositor $22.
3.
The bank erroneously charged another company's $700 check against Manning's account.
4.
Cash balance per books, July 31, $9,784.
5.
The bank charged Manning's account $350 for a customer's NSF check.
6.
Deposits in transit, July 31, $2,700.
7.
Manning recorded a cash receipt from a customer as $32. The bank correctly recorded it at $23.
8.
Bank collected a $1,750 note for Manning in July, plus interest $36. Less collection fee $20. The collection has not been recorded by Manning and no interest has been accrued.
9.
Outstanding check, July 31, $594.
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