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please solve The September 30 bank statement for Bennett Company and the September ledger account for cash are summarized here: No outstanding checks and no
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The September 30 bank statement for Bennett Company and the September ledger account for cash are summarized here: No outstanding checks and no deposits in transit were carried over from August; however, there are deposits in transit and checks outstanding at the end of September. Required: 1. Complete the following bank reconciliation. 2. Prepare the journal entries that should be made as the result of the bank reconcillation. 3. What should the balance in the Cash account be after the reconcilistion entries? 4. What total amount of cash should the company report on the September 30 balance sheet? Complete this question by entering your answers in the tabs below. Complete the following bank reconcliation. Complete the following bank reconciliation. Journal entry worksheet Record the entry for checks cleared during September. Note: Enter debits before credits. Journal entry worksheet Record the entry for deposits during September. Note: Enter debits before credits. Journal entry worksheet Record service charges deducted from bank account. Note: Enter debits before credits. Journal entry worksheet Record entry for customer check returned due to insufficient funds. Note: Enter debits before credits. No outstanding checks and no deposits in transit were carried over from August; however, ther outstanding at the end of September. Required: 1. Complete the following bank reconciliation. 2. Prepare the journal entries that should be made as the result of the bank reconciliation. 3. What should the balance in the Cash account be after the reconciliation entries? 4. What total amount of cash should the company report on the September 30 balance sheet? Complete this question by entering your answers in the tabs below. What should the balance in the Cash account be after the reconciliation entries? No outstanding checks and no deposits in transit were carried over from August; however outstanding at the end of September. Required: 1. Complete the following bank reconciliation. 2. Prepare the journal entries that should be made as the result of the bank reconciliation. 3. What should the balance in the Cash account be after the reconciliation entries? 4. What total amount of cash should the company report on the September 30 balance sh Complete this question by entering your answers in the tabs below. What total amount of cash should the company report on the September 30 balance sheet Step by Step Solution
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