1 Acme, Inc 's books show an ending cash balance of $10,500 before preparing the bank reconciliation Given the bank reconciliation shows outstanding checks of $3,100, deposits in transit of $2,100, NSF check of $110, and interest earned on the bank account of $20, the company's up to date ending cash balance equals $10,410 $7,310 $9,410 10,630 2 If the company's accountant mistakenly recorded a $66 deposit as $101, the error would be shown on the bank reconciliation as a(n) $35 addition to the book balance $101 deduction from the book balance $35 deduction from the book balance $101 addition to the book balance 3 The following information was available to the accountant of Horton Company when preparing the monthly bank reconciliation Cash balance per bank statement $1,115 Cash balance per books (prior to reconciliation) 842 Outstanding check 643 642 Outstanding check 651 57 Bank service charges 39 Customer check returned by bank as NSF 90 Deposits in transit 330 Interest received from bank 33 The amount of cash that should appear on the balance sheet following completion of the reconciliation and adjustment of the accounting records is $842 $836 $207 $746 4 The bank deducted $190 for an NSF check from a customer deposited on September 15 The September 30 cash receipts, $1,380, were placed in the bank's night depository after banking hours on that date and this amount did not appear on the September 30 bank statement A $28 debit memorandum for checks printed by the bank was included with the canceled checks Outstanding checks amounted to $1,340 Included with the bank statement was a credit memo in the amount of $940 for an EFT in payment of a customers account Included with the canceled checks was a check for $340, drawn on the account of another company Prepare the journal entries for the items on the companys bank reconciliation as of September 30 (If no entry is required for a transaction event, select No journal entry required in the first account field )

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1. Acme, Inc.'s books show an ending cash balance of $10,500 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $3,100,

1. Acme, Inc.'s books show an ending cash balance of $10,500 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $3,100, deposits in transit of $2,100, NSF check of $110, and interest earned on the bank account of $20, the company's up-to-date ending cash balance equals:

$10,410.

$7,310.

$9,410.

10,630.

2. If the company's accountant mistakenly recorded a $66 deposit as $101, the error would be shown on the bank reconciliation as a(n):

$35 addition to the book balance.

$101 deduction from the book balance.

$35 deduction from the book balance.

$101 addition to the book balance.

3. The following information was available to the accountant of Horton Company when preparing the monthly bank reconciliation:

Cash balance per bank statement	$1,115
Cash balance per books (prior to reconciliation)	842
Outstanding check #643	642
Outstanding check #651	57
Bank service charges	39
Customer check returned by bank as NSF	90
Deposits in transit	330
Interest received from bank	33

The amount of cash that should appear on the balance sheet following completion of the reconciliation and adjustment of the accounting records is:

$842.

$836.

$207.

$746.

	4. The bank deducted $190 for an NSF check from a customer deposited on September 15.
	The September 30 cash receipts, $1,380, were placed in the bank's night depository after banking hours on that date and this amount did not appear on the September 30 bank statement.
	A $28 debit memorandum for checks printed by the bank was included with the canceled checks.
	Outstanding checks amounted to $1,340.
	Included with the bank statement was a credit memo in the amount of $940 for an EFT in payment of a customers account.
	Included with the canceled checks was a check for $340, drawn on the account of another company. Prepare the journal entries for the items on the companys bank reconciliation as of September 30. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)