The November cash records of Stenback, Inc., follow:

Stenback’s Cash account shows the balance of $6,172 on November 30. On November 30, Stenback received the following bank statement:

Additional data for the bank reconciliation:

a. The EFT deposit was a receipt of rent revenue. The EFT debit was payment of insurance expense.

b. The NSF check was received from a customer.

c. The $1,800 bank collection was for a note receivable.

d. The correct amount of check number 1419 is $214. Stenback, Inc., mistakenly recorded the check for $124.

Transcribed Image Text:

Cash Receipts (CR) Date: Nov 4 Cash Debit Check No. Cash Payments (CP) Cash Credit $2,725 1416 $ 9 9 530 1417 750 14 880 1418 93 17 353 1419 124 31 2,040 1420 960 1421 210 1422 2,250