a. c. e. Problem I: (10 pts) Schrute Corp. is preparing its bank reconciliation for the month of September. The following information is available: The September 30 balance per the bank statement is $7,400. b. The unadjusted book balance on September 30 is $8,205. Outstanding checks total $2,400. d. Interest earned from the bank amounted to $30. Bank service charges amounted to $75. Deposits in transit amount to $4,640. g. There was an NSF check from one of Schrute's customers for $350. Th. Schrute noticed that the bank incorrectly charged them $100 for its safety deposit box. The amount charged should have been $40. Schrute discovered that a $320 deposit was recorded with a debit to "Cash" and a credit to "Sales Revenue for $230 instead of the actual amount of $320. (Note: The bank recorded the deposit as $320). A collection on an interest-bearing note receivable by the bank on behalf of the company amounted to $1,800. Out of the $1,800 collected, $1,500 was principal, and $300 was for interest Learned. The interest amount was not previously accrued. f. A. After preparing its bank reconciliation for the month of September, what should Schrute record as its adjusted book balance? Show your work in the space below. The first line is already completed. Answer: $ Balance per the bank $ 7,400 Balance per the Company (the books) $8,205 Adjusted Bank Balance Adjusted Book Balance B. Prepare one compound journal entry to adjust Schrute's unadjusted book balance to its adjusted book balance on September 30. Debit Credit Date Sept 30 C. Accounting Check: Referring to your journal entry in part "B", does the debit or credit posting for Cash result in the month-end cash account balance equaling the adjusted book balance per your bank reconciliation? Your answer should be "yes