a. The October 31 bank balance is $5,630.
b. The bank statement includes two charges for NSF checks from customers.
One is for $420 (#1), and the other for $130(#2).
c. The following Whitbold checks are outstanding at October 31:
Check No. Amount
237 $ 40
288 140
291 580
294 630
295 20
296 160
d. Whitbold collects from a few customers by EFT. The October bank statement
lists a $1,400 EFT deposit for a collection on account.
e. The bank statement includes two special deposits that Whitbold hasn't
recorded yet: $970, for dividend revenue, and $80, the interest revenue
Whitbold earned on its bank balance during October.
f. The bank statement lists a $50 subtraction for the bank service charge.
g. On October 31, the Whitbold treasurer deposited $290, but this deposit does
not appear on the bank statement.
h. The bank statement includes a $1,000 deduction for a check drawn by
Multi-State Freight Company. Whitbold notified the bank of this bank error.
i. Whitbold's Cash account shows a balance of $3,500 on October 31.