Bank Reconciliation The Seattle Boat Company's bank statement for the month of September indicated a balance of $19,600. The company's cash account in the general ledger showed a balance of $15,845 on September 30. Other relevant information includes the following 1. Deposits in transit on September 30 total $14,560 2. The bank statement shows a debit memorandum for a check printing charge of $112. 3. Check number 238 payable to Simon Company was recorded in the accounting records for 5694 and cleared the bank for this same amount. A review of the records indicated that the Simon account now has a $101 credit balance and the check to them should have been $795 4. Outstanding checks as of September 30 totaled $16.240. 5. Check No. 276 was correctly written and paid by the bank for $1,145. The check was recorded in the accounting records as a debit to accounts payable and a credit to cash for $1,372 6. The bank returned a NSF check in the amount of $1.568. 7. The bank included a credit memorandum for $3.528 representing a collection of a customer's note. The principle portion was 53.360 and the interest portion was $168. The interest had not been accrued. Support Required a. Prepare the September bank reconciliation for Seattle Boat Company b. Prepare any necessary adjusting entries. Bank reconciliation Journal entries Note: Do not use negative signs with any of your answers. SEATTLE BOAT COMPANY Bank Reconciliation September 30 Cash Balance per Bank Add: Less: $ $ $ Cash Balance per Books Add: Accounts Payable Error Add: Less: Check Printing Charge Less: > $ Required a. Prepare the September bank reconciliation for Seattle Boat Company. b. Prepare any necessary adjusting entries. Bank reconciliation Journal entries Date GENERAL JOURNAL Description Debit Credit Sept 30 $ $ ) To correct check error in recording check No. 276. 30 Notes Receivable 0 To record note collection by bank. 30 ( To record check printing charge. 30 To record NSF check