Case 1VERSITY ONLINE LEARNING. The information below relates to the Cash account in the ledger of Remington Company. Balance September 1-$25,720; Cash deposited-$96,000. Balance September 30-$26, 100; Checks written-$95,620. The September bank statement shows a balance of $24,635 on September 30 and the following memoranda. Credits Debits Collection of $1,250 note plus interest $50 $1,300 NSF check: J. E. Hoover $635 People Interest earned on checking account $65 Safety deposit box rent $75 Innovation Excellence At September 30, deposits in transit were $6,695, and outstanding checks totaled $4,575. Instructions Prepare the bank reconciliation at September 30. Answer : REMINGTON COMPANY Bank Reconciliation September 30 (In $) Cash Balance per Bank......... ..24,635 Add: Deposit In Transit................ .6,695 Less: Outstanding Check............ ...4,575 Corrected Balance per Bank............ 26,755 Cash balance per book......................... .26,100 Add: Notes Collected by Bank.. ......1, 300 Interest Revenue....... ....65 Less: NSF check......... ..635 Safety deposit box rent.......... ...75 Corrected balance per books.......... .....26,755