This information relates to the Cash account in the ledger of Wildhorse Company. Balance September 1-$17,770; Cash deposited-$64,000 Balance September 30-$18,790; Checks written-$62,800 The September bank statement shows a balance of $17,870 at September 30 and the following memoranda. Credits Debits NSF check: H. Kane Safety deposit box rent Collection from customer of electronic funds transfer $2,200 $930 Interest earned on checking account 70 85 At September 30, deposits in transit were $5,133 and outstanding checks totaled $2,778. Prepare the bank reconciliation at September 30, 2022. (List items that increase balance as per bank & books first.)

This information relates to the Cash account in the ledger of Wildhorse Company. Balance September 1-$17,770; Cash deposited-$64,000 Balance September 30-$18,790; Checks written-$62,800 The September bank statement shows a balance of $17,870 at September 30 and the following memoranda. Credits Debits NSF check: H. Kane Safety deposit box rent Collection from customer of electronic funds transfer $2,200 $930 Interest earned on checking account 70 85 At September 30, deposits in transit were $5,133 and outstanding checks totaled $2,778. Prepare the bank reconciliation at September 30, 2022. (List items that increase balance as per bank & books first.)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Vinubhai
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Uramilaben
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