Bourne Incorporated reports a cash balance at the end of the month of $2,120. A comparison of the companys cash records with the monthly bank statement reveals several additional cash transactions: bank service fees ($65), an NSF check from a customer ($150), a debit card used for the purchase of supplies ($300), and a customers note receivable collected by the bank ($1,200) plus interest earned ($15)..

1. Bourne Incorporated reports a cash balance at the end of the month of $2,120. A comparison of
the companys cash records with the monthly bank statement reveals several additional cash
transactions: bank service fees ($65), an NSF check from a customer ($150), a debit card used
for the purchase of supplies ($300), and a customers note receivable collected by the bank
($1,200) plus interest earned ($15).