(Appendix)  The information below relates to the Cash account in the ledger of Dick Wasson Company.

Balance September 1—$17,150; Cash deposited—$64,000.

Balance September 30—$17,404; Checks written—$63,746.

The September bank statement shows a balance of $16,422 on September 30 and the following memoranda.

At September 30, deposits in transit were $4,150, and outstanding checks totaled $2,383.
Instructions

(a) Prepare the bank reconciliation at September 30.

(b) Prepare the adjusting entries at September 30. assuming ( 1 ) the NSF check was from a customer on account, and (2) no interest had been accrued on the note.

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Credits Collection of $1,500 note plus interest $30 Interest earned on checking account Debits $1,530 $45 NSF check: J. E. Hoover $725 Safety deposit box rent $65