Sassafras Day Spa and Salon is closing its books and preparing a bank reconciliation for the following items:
Bank statement contains an ending balance of $300,000 as of April 30th, 2019, whereas because some items were missing the balance on the books is $260,900.
Bank statement contains a $100 service charge for operating the account
Bank statement contains an interest income of $20
Sassafras Day Spa issued Checks of $50,000 that have not yet been cleared by the bank
Sassafras Day Spa deposited $20,000, but this did not appear on the bank statement
A check for the amount of $470 issued to the office supplier was misreported in the cash payments journal as $370
A note receivable of $9800 was collected by the bank
A check of $520 deposited by Sassafras has been charged back as NSF