7-9

7-9 This information relates to the Cash account in the ledger of Sunland Company Balance September 1--$17,670; Cash deposited 64,000 Balance September 30-$18,870; Checks written-$62,800 The September bank statement shows a balance of $17,770 at September 30 and the following memoranda. Credits Debits $1,170 Collection of electronic funds transfer Interest earned on checking account $2,440 65 NSF check: H. Kane Safety deposit box rent At September 30, deposits in transit were $5,368 and outstanding checks totaled $3,013. Prepare the bank reconciliation at September 30, 2017. (List items that increase balance as per bank & books first.) SUNLAND COMPANY Bank Reconciliation Debit Sept. 30 Sept. 30