Use the following information for the Quick Studies 12-13 below. (Static) Skip to question [The following information applies to the questions displayed below.] Organic Food Companys Cash account shows a $5,500 debit balance and its bank statement shows $5,160 on deposit at the close of business on August 31. August 31 cash receipts of $1,240 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 $120 NSF check from a customer; the company has not yet recorded this NSF check. Outstanding checks as of August 31 total $1,120. In reviewing the bank statement, an $80 check written by Organic Fruits was mistakenly