The Cooper Group received their bank statement in the mail for the month ending January 31, 2014.
The balance per the bank statement was $8,050. The balance per their Cash account in their general ledger was $8,700. The following information was obtained:
- Deposits of $765 were made but not reflected on the bank statement
- Checks were written totaling $200 not reflected on the bank statement
- Bank fees of $50 were charged against the account, shown on the bank statement but not reflected in Cooper's Cash account in the general ledger
- A check written by a customer bounced in the amount of $75
- Interest of $40 was earned on the account.