Problem 2 - Preparing a bank reconciliation and recording adjustments - You have been provided the following information from Madden Inc. to use in reconciling its bank account. From the September 30 Bank Statement PREVIOUS BALANCE TOTAL CHECKS AND DEBITS TOTAL DEPOSITS AND CREDITS 19,000 9,811 11,892 CURRENT BALANCE 21,081 CHECKS AND DEBITS DEPOSITS AND CREDITS Date No. Amount Date Amount 09/03 5888 1,079 09/05 1,182 09/04 5902 730 09/12 2,257 09/07 5901 1,865 09/21 4,421 09/17 604 NSF 09/25 2,377 09/20 5905 926 09/30 15 Interest 09/22 5903 1,640 Credit 385 09/30 memo 09/22 5904 2,106 09/28 5907 229 09/29 5909 1,887 Note: the "check and debits" above add up to the $9,811 shown in the summary line, and the "deposits and credits" add up to the $11,892 shown in the summary line. From Madden Inc's Accounting Records The General Ledger Cash Account Date Explanation Debit Credit Balance 8/31 Balance 17,412 9/30 Total cash receipts 11,892 29,304 9/30 Total cash payments 9,446 19,858