Pelzer Company reconciled its bank and book statement balances of Cash on August 31 and showed two cheques outstanding at that time, #5888 for $6,290 and #5893 for $1,503.00. The following information was available for the September 30, 2020, reconciliation: From the September 30, 2020, bank statement oped Balance of previous statement on Aug. 31/20 6 deposits and other credits totalling 9 cheques and other debits totalling Current balance as of Sept. 30/20 10,799.00 22,884.00 26,888.00 6,875.00 Book ferences Transaction Description + Deposit + Interest + Credit meno Date Sept. os 12 17 21 Date Sept. 03 07 08 10 Anount 5,709.00 2,592.00 860.45 6,511.00 Cheque ho 5904 5901 5905 5903 Chequing Account Transactions Transaction Description Date Amount + Deposit Sept. 25 4,278.00 + Deposit - NSF cheque 3e 3,500.00 Deposit Amount Date Cheque No. 9,340.55 Sept. 22 5888 1,454.00 5909 370.00 28 5907 1.443.00 Amount 6.290.00 2,339.00 1,077.00 From Pelzer Company's accounting records Cash Explanation PR Debit Credit Acct. No. 101 Balance Date 2020 Aug Sept. Balance 31 30 30 CR12 21,853.00 CD23 3,243.00 25,096.00 9,119.45 15,976.55 Deposits Made Sept. 5 12 21 25 30 $ 5,709.00 2,592.00 6,511.00 4,278.00 2,763.00 $21,853.00 Total Sept. Cash Receipts Cheques Written No. 5901 5902 5903 5904 5905 5906 5907 5908 5909 Total Sept. Cash Disbursements $ 1,454.00 1,077.00 1,443.00 3,940.55 370.00 783.00 3,634.00 936.00 2,339.00 $15,976.55 h NK RECS 0 Saved Help Save & EX Check Cheque #5904 was correctly written for $9.340.55 to pay for computer equipment; however, the bookkeeper misread the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash as though it were for $3,940.55 The NSF cheque was originally received from a customer, Lisa Willis, in payment of her account. Its return was not recorded when the bank first notified the company. The credit memo resulted from an electronic fund transfer of $3,558 for a customer payment. The bank had deducted a $50.00 bank service charge. The collection has not been recorded. Required: 1. Prepare a September 30 bank reconciliation for the company. (Round your answers to 2 decimal places.) es PELZER COMPANY Bank Reconciliation September 30, 2020 Bank Statement Company's Books Bank statement balance Add: Book balance of cash Add: S 5 00C Deduct 0.00 Deduct 2. Prepare the General Journal entries needed to adjust the book balance of cash to the reconciled balance. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet
