Question: On May 31.15 Games Ltd. received its bank statement from the East Coast Savings Bank sho The company's general ledger showed a cash balance of

 On May 31.15 Games Ltd. received its bank statement from the

East Coast Savings Bank sho The company's general ledger showed a cash

On May 31.15 Games Ltd. received its bank statement from the East Coast Savings Bank sho The company's general ledger showed a cash balance of $3,600 at that date. A oomparison - accounting records revealed the following information: 1] A cheque from one of JB's customers in the amount of $1,120 that had been deposi with the bank statement as NSF. 2] Bank service charges for the month were $55. 3] The company had written and mailed out cheques with a value of $4,235 that had n 4] Cheque #7391, which was a payment for advertising expenses of $233!, was incurred 5] During the month, one of JB's customers paid their account using an electronic fund a) The cash receipts for May 31 amounted to $1,650 and had been deposited in the ni; May 31. These were not reected on the bank statement for May

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