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Current Attempt in Progress This information relates to the Cash account for Crane Company. Balance September 1-$20,450; Cash deposited-$64,000 Balance September 30-$21,650; Checks written-$62,800 The
Current Attempt in Progress This information relates to the Cash account for Crane Company. Balance September 1-$20,450; Cash deposited-$64,000 Balance September 30-$21,650; Checks written-$62,800 The September bank statement shows a balance of $20,550 at September 30 and the following memoranda. Credits Collection of electronic funds transfer $2,370 Interest earned on checking account 55 Debits NSF check: H. Kane Safety deposit box rent $1,100 70 At September 30, deposits in transit were $5,288 and outstanding checks totaled $2,933. Prepare the bank reconciliation at September 30, 2017. (List items that increase balance as per bank & books first.) CRANE COMPANY Bank Reconciliation Current Attempt in Progress This information relates to the Cash account for Crane Company. Balance September 1-$20,450; Cash deposited-$64,000 Balance September 30-$21,650; Checks written-$62,800 The September bank statement shows a balance of $20,550 at September 30 and the following memoranda. Credits Collection of electronic funds transfer $2,370 Interest earned on checking account 55 Debits NSF check: H. Kane Safety deposit box rent $1,100 70 At September 30, deposits in transit were $5,288 and outstanding checks totaled $2,933. Prepare the bank reconciliation at September 30, 2017. (List items that increase balance as per bank & books first.) CRANE COMPANY Bank Reconciliation
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