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stuck on accounting! help please and thanks Exercise 7-9 This information relates to the Cash account in the ledger of Howard Company Balance September 1-$16,400;
stuck on accounting! help please and thanks
Exercise 7-9 This information relates to the Cash account in the ledger of Howard Company Balance September 1-$16,400; Cash deposited-$64,000 Balance September 30-$17,600; Checks written-$62,800 The September bank statement shows a balance of $16,500 at September 30 and the following memoranda Credits Debits NSF Collection of electronic funds transfer $1,830 check: $560 Kane Safety Interest earned on checking account 45 deposit 60 box rent At September 30, deposits in transit were $4,738 and outstanding checks totaled $2,383. 2 Your answer is partially correct. Try again Prepare the bank reconciliation at September 30, 2017. (List items that increase balance as per bank & books first.) HOWARD COMPANY Bank Reconciliation September 30, 2017 Cash balance per bank statement Add Deposits in transit Less$ Outstanding checks Adjusted cash balance per bank Cash balance per books Add Electronic funds transfer received Interest earned LessStep by Step Solution
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