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Prepare the bank reconciliation on excel at September 30th. The information below relates to the Cash account in the ledger of Redding Company (16 points)
Prepare the bank reconciliation on excel at September 30th.
The information below relates to the Cash account in the ledger of Redding Company (16 points) Balance September 1-$35,725; Cash deposited$86,000. Balance September 30-$32,225; Checks written-$89,500. The September bank statement shows a balance of $35,375 on September 30 and the following memoranda Credits Collection of $5,250 note plus interest $50 Interest earned on checking account $5,300 $80 Debits NSF check: J. E. Hoover Safety deposit box rent $935 $175 At September 30, deposits in transit were $5,695, and outstanding checks totaled $4,575. Instructions Prepare the bank reconciliation at September 30 Step by Step Solution
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