Problem #$7$

On May $31,$ the bank statement for the Casio Tile Company checking account showed $$6,904\mathrm{.}60$ in the account. On the same date, Casio's Ledger account is showing, $$6,781\mathrm{.}50.$ The following were discovered while preparing to do the Bank Reconciliation:

a$)$ The Bank Statement shows a Debit Memo for printing more checks for Hudner, $$40\mathrm{.}00.$

b$)$ On May $31,$ Casio made a deposit in the night deposit vault of $$936\mathrm{.}15$ and the checks that Hudner has written but have not cleared the bank equal, $$515\mathrm{.}25.$

c$)$ The Bank statement is showing the collection of a Note Receivable of $$2,000\mathrm{.}00$ for Casio. The Credit Memo issued by the Bank was for $$2,055\mathrm{.}00.$ This included the interest due on the Note.

d$)$ On May $18,$ Casio issued check No$.1101$ written for $$685\mathrm{.}00$ to a vendor on account. But when Casio recorded the check, it was recorded for $$658\mathrm{.}00.$

e$)$ Subtracted on the Bank Statement was a check written by company not associated with Casio in any way. The bank had incorrectly decreased Casio's account for the $$500\mathrm{.}00$ check.

f$)$ The bank statement also showed an $$934\mathrm{.}00$ check which had been received and deposited by Casio from a customer $"$on account", but proved to be uncollectible, NSF$.$

Prepare a$)$ the Bank Reconciliation AND b$)$ Journal Entries for Casio Tile Company on May $31.$

b$)$ Please show $1$ Journal Entry for the Increases to Cash and $1$ Journal Entry for all the decreases to Cash.

$\backslash$table$[[$Date$,$Account Name,Debit,Credit$],[,,,],[,,,],[,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$