A comparison of the details on the bank statement with the details in the Cash account revealed the following facts, 1 2 3. 4. The statement included a debit memo of $54.00 for the printing of additional company checks. Cash sales of $897.15 on May 12 were deposited in the bank. The cash receipts journal entry and the deposit slip were incorrectly made for $947.15. The bank credited Sandhill Co. for the correct amount. Outstanding checks at May 31 totaled $285.25, and deposits in transit were $1,894.15. On May 18, the company issued check No 1181 for $684.00 to H. Moses, on account. The check, which cleared the bank in May, was incorrectly journalized and posted by Sandhill Co. for $648.00 $2.854.00 was collected from a customer note receivable by the bank for Sandhill Co. on May 31 through electronic funds transfer. Included with the canceled checks was a check issued by Tomins Company to C. Pernod for $346.00 that was incorrectly charged to Sandhill Co. by the bank On May 31, the bank statement showed an NSF charge of $530.00 for a check issued by Sara Ballard, a customer to Sandhill Co. on account 5. 6. 7. Hillwork NIP et Player Ull Question 7 of 7 - /20 Bank Reconciliation $ $ -720 !!!