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1. Prepare Hiltons bank reconciliation at March 31. E5-39B. (Learning Objective 3: Preparing a bank reconciliation) Harry Sparks operates a bowling alley. He has just
1. Prepare Hiltons bank reconciliation at March 31. E5-39B. (Learning Objective 3: Preparing a bank reconciliation) Harry Sparks operates a bowling alley. He has just received the monthly bank statement at September 30 from City National Bank, and the statement shows an ending balance of 565. Listed on the statement are an EFT rent collection of 345, a service charge of 9, two NSF checks totaling 135, and a 12 charge for printed checks. In reviewing his cash records, Sparks identifies outstanding checks totaling 639 and a September 30 deposit in transit of 1,970. During September, he recorded a 320 check for the salary of a part-time employee as 32. Sparkss Cash account shows a September 30 cash balance of 1,995. How much cash does Sparks actually have at September 30?
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