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The following information pertains to the bank transactions of Chase Company: a. Cash on the books as of September 30 was $2,260. Cash as shown
The following information pertains to the bank transactions of Chase Company: a. Cash on the books as of September 30 was $2,260. Cash as shown on the bank statement for the same date was $2,100. b. Deposits in transit are $860 e. Outstanding checks totaled $420. d. Bank service charges for September amounted to $40. e. The bank collected $520 for Crawford Company on a note left for collection. The amount of the note was $500. The other $20 collected was for interest. f. An NSF check for $200 from a customer, Jack Reacher, was returned with the statement. 1. Prepare a bank reconciliation for Chase Company as of September 30. 2. Prepare any necessary journal entries. OMIT EXPLANATIONS
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