The bank statement of DPLC Company for July 31st showed a cash balance of $3,375. The company's Cash account in its general ledger showed a $2,489 debit balance. The following information was also available as of July 31st.
a. A customer's check for $250 marked NSF was returned to DPLC Company by the bank. In addition, the bank charged the company's account a $63 processing fee.
b. The July 31st cash receipts, $3,125, were placed in the bank's night depository after banking hours on that date, and this amount did not appear on the July 31st bank statement.
c. A $38 debit memorandum for checks printed by the bank was included with the canceled checks.
d. Outstanding checks amounted to $2,863.
e. A customer's note for $2,250 was collected by the bank. A collection fee of $63 was deducted by the bank, and the difference was deposited in the account.
f. Included with the canceled checks was a check for $688, drawn on another company, DY Incorporation.
Prepare a bank reconciliation as of July 31st.