Bank collected 127890 note for family in july plus interest

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Reference no: EM13598063

The following information pertains to Family Video Company.

1. Cash balance per bank, July 31, $10,320.72.
2. July bank service charge not recorded by the depositor $39.79.
3. Cash balance per books, July 31, $10,350.56.
4. Deposits in transit, July 31, $2,131.50.
5. Bank collected $1,278.90 note for Family in July, plus interest $51.16, less fee $28.42. The collection has not been recorded by Family, and no interest has been accrued.
6. Outstanding checks, July 31, $839.81.

Reference no: EM13598063

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