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Save Answer REQUIRED: (a) Prepare a bank reconciliation as of September 30. (b) Prepare any necessary adjusting journal entries necessary as a result of the
Save Answer REQUIRED: (a) Prepare a bank reconciliation as of September 30. (b) Prepare any necessary adjusting journal entries necessary as a result of the bank reconciliation. The following relates to the bank reconciliation: ACC 1101 Corporation's bank statement for September 30 showed a balance of $4,625; Book balance for September 30 showed a balance of $3,995; Deposit in Transit, $4,050; Bank Collections, $2,175; Outstanding Checks, $3,045; Bank Charges, $115; and Non-sufficient check, $425
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