11 Problem: Bank Reconciliation The accounting records for XYZ Corporation shows a cash checking account balance of $12,622 per the books on September 30, 2020. The 12 following additional information is available: 13 "The September 30 bank statement shows an ending balance of 58,802. 14 "The September 30th bank statement indicates the following 15 a service charge of $37 16 Interst Income 547 17 * an NSF check from a customer for $180 16 and a $250 debit memo for the payment of the company's phone bill 19 a credit memo resulting from a customer of XYZ paying the bank directly, 5240 All of the checks that the company had written during September were 20 listed on the bank statement except for one check in the amount of $460. "On September 30th, the company receipts of 54,100 were placed in the bank's night deposit drop box, the bank processed this deposit on October 21 2, resulting in a deposit in transit 22 Prepare a bank reconciliation to calculate the adjusted cash balance for XYZ Corporation checking account at September 30, 2020 23 22 Prepare a bank reconciliation to calculate the adjusted cash balance for XYZ Corporation checking account at September 30, 2020 it on October 24 25 Bank 2 Ending Balance per Bank 27 Book Ending Balance Per Book 20 29 30 21 33 35 36 Adjusted Bank Balance 17 Adjusted Book Balance