Cash on the books as of april 30 amounted to 11317528 cash

Reference no: EM13482880

The following information is available for Prime Company as of April 30, 2011:
a. Cash on the books as of April 30 amounted to $113,175.28. Cash on the bank statement for the same date was $140,717.08.

b. A deposit of $14,349.84, representing cash receipts of April 30, did not appear on the bank statement.

c. Outstanding checks totaled $7,302.64.

d. A check for $2,420.00 returned with the statement was recorded as $2,024.00. The check was for advertising.

e. The bank service charge for April amounted to $35.00.

f. The bank collected $36,300.00 for Prime Company on a note. The face value of the note was $36,000.00.

g. An NSF check for $1,140.00 from a customer, Tom Jones, was returned with the statement.

h. The bank mistakenly deducted a check for $700.00 that was drawn by Tiger Corporation.

i. The bank reported a credit of $560.00 for interest on the average balance.

Reference no: EM13482880

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