The following data apply to Pro Beauty Supply Incorporated for May, Year 2: Balance per the bank on May 31, $12,030. Deposits in transit not recorded by the bank, $1,590. Bank error; check written by Best Beauty Supply was charged to Pro Beauty Supply’s account, $800. The following checks written and recorded by Pro Beauty Supply were not included in the bank statement: 3013 $ 280 3054 550 3056 1,110 Note collected by the bank, $850. Service charge for collection of note, $9. The bookkeeper recorded a check written for $678 to pay for the May utilities expense as $588 in the cash disbursements journal. Bank service charge in addition to the note collection fee, $45. Customer checks returned by the bank as NSF, $165. Required: Determine the amount of the unadjusted cash balance per Pro Beauty Supply’s books.
The following data apply to Pro Beauty Supply Incorporated for May, Year 2:
-
Balance per the bank on May 31, $12,030.
-
Deposits in transit not recorded by the bank, $1,590.
-
Bank error; check written by Best Beauty Supply was charged to Pro Beauty Supply’s account, $800.
-
The following checks written and recorded by Pro Beauty Supply were not included in the bank statement:
| 3013 | $ 280 |
|---|---|
| 3054 | 550 |
| 3056 | 1,110 |
-
Note collected by the bank, $850.
-
Service charge for collection of note, $9.
-
The bookkeeper recorded a check written for $678 to pay for the May utilities expense as $588 in the cash disbursements journal.
-
Bank service charge in addition to the note collection fee, $45.
-
Customer checks returned by the bank as NSF, $165.
Required:
Determine the amount of the unadjusted cash balance per Pro Beauty Supply’s books.
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