Bank Reconciliation The Seattle Boat Company's bank statement for the month of September indicated a balance of $126,000. The company's cash account in the general ledger showed a balance of $101,862 on September 30. Other relevant information includes the following: 1. Deposits in transit on September 30 total $93,600. 2. The bank statement shows a debit memorandum for a check printing charge of $720. 3. Check number 238 payable to Simon Company was recorded in the accounting records for $4,464 and cleared the bank for this same amount. A review of the records indicated that the Simon account now has a $648 credit balance and the check to them should have been $5,112. 4. Outstanding checks as of September 30 totaled $104,400. 5. Check No. 276 was correctly written and paid by the bank for $7,362. The check was recorded in the accounting records as a debit to accounts payable and a credit to cash for $8,820. 6. The bank returned a NSF check in the amount of $10,080. 7. The bank included a credit memorandum for $22,680 representing a collection of a customer's note. The principle portion was $21,600 and the interest portion was $1,080. The interest had not been accrued. 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: