The following information pertains to Joyce Company . 1 Cash balance per bank , July 31 , $ 7,419 .
2 . July bank service charge not recorded by the depositor $ 57 . 3 . Cash balance per books , July 31 , $ 7,455 . 4 . Deposits in transit , July 31 , $ 2,791 .
5 .
Note for $ 2,091 collected for Joyce Company in July by the bank , plus interest $ 55 less fee $ 39 . The collection has not been recorded by Joyce Company , and no interest has been accrued .
6 .
Outstanding checks , July 31 , $ 705 .
Exercise 7-14
Enright Company expects to have a cash balance of $ 63,550 on January 1 , 2014 . These are the relevant monthly budget data for the first two months of 2014 .