Question: Use the following information for the Quick Studies 1 2 - 1 3 below. ( Algo ) Skip to question [ The following information applies

Use the following information for the Quick Studies 12-13 below. (Algo)
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Organic Food Company's Cash account shows a $7,400 debit balance and its bank statement shows $6,490 on deposit at the close of business on August 31.
August 31 cash receipts of $3,140 were placed in the banks night depository after banking hours and were not recorded on the August 31 bank statement.
The bank statement shows a $310 NSF check from a customer; the company has not yet recorded this NSF check.
Outstanding checks as of August 31 total $3,020.
In reviewing the bank statement, an $270 check written by Organic Fruits was mistakenly drawn against Organic Foods account.
The August 31 bank statement lists $210 in bank service charges; the company has not yet recorded the cost of these services.

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