Bank Reconciliation The bank reconciliation made by Winton, Inc., on August 31 showed: Deposit in transit of $1,170 Outstanding checks no.597 $650 no.603 $710 The reconciled cash balance on August 31 was $14,110 The following bank statement is available for September: Bank Statement TO Winton, Inc. September 30 St. Louis, MO STATE BANK Date Deposits No. Date Charges Date Balance Sept. 1 $1,170 597 Sept. 1 $650 Aug. 31 $14,300 2 1,120 607 5 1,850 Sept. 1 14,820 5 850 608 5 1,100 2 15,940 9 744 609 9 552 5 13,840 15 585 610 8 640 8 13,200 17 1,540 611 17 488 9 13,392 25 1,028 612 15 815 15 13,162 30 680 614 25 920 17 14,214 NSF 29 973 29 14,322 SC 30 36 30 13,349 30 13,993 Item codes EC: Error Correction DM: Debit Memo CM: Credit Memo SC: Service Charge OD: Overdraft RT: Returned Item IN: Interest Earned NSF: Non-sufficient Funds A list of deposits made and checks written during September is shown below: Deposits Made Checks Written Sept. 1 $1,120 No. 607 $1,850 4 850 608 1,100 8 744 609 552 12 585 610 640 16 1,540 611 488 24 1,028 612 631 29 680 613 310 30 1,266 614 920 $7,813 615 386 616 420 $7,297 The Cash in Bank account balance on September 30 was $14,406. In reviewing checks returned by the bank, the accountant discovered that check No. 612 written for $815 for advertising expense, was recorded in the cash disbursements journal as $851. The NSF check written for $973, which Winton deposited on September 24, was a payment on account from customer D. Walker. Required a. Prepare a bank reconciliation for Winton, Inc., at September 30. b. Prepare the necessary journal entries to bring the Cash in Bank account into agreement with the reconciled cash balance on the bank reconciliation. a. WINTON, INC. Bank Reconciliation September 30 Answer $Answer Answer $Answer Answer Answer Add: Check No. 612 for Answer Answer recorded as Answer Answer Answer Less: Outstanding checks (list in numerical order) Less: NSF Check of D. Walker Answer Check no. Amount 603 Answer Answer Answer Answer Answer Answer Answer Answer Answer Answer Answer Answer $Answer Answer $Answer b. General Journal Date Description Debit Credit Sept 30 Answer $Answer $Answer Answer Answer Answer To correct error in recording check 612. 30 Answer Answer Answer Answer Answer Answer To reclassify NSF check as an accounts receivable. 30 Answer Answer Answer Answer Answer Answer To record bank service charge.