Question
The information below relates to the Cash account in the ledger of Lee Company. Balance September 1$25,725 Cash deposited$96,000. Balance September 30$22,225 Checks written$99,500. The
The information below relates to the Cash account in the ledger of Lee Company.
| Balance September 1$25,725 | Cash deposited$96,000. | |
| Balance September 30$22,225 | Checks written$99,500. |
The September bank statement shows a balance of $24,635 on September 30 and the following memoranda.
| Credits | Debits | |||||
| Collection of $4,250 note plus interest $50 | $4,300 | NSF check: J. E. Hoover | $735 | |||
| Interest earned on checking account | $40 | Safety deposit box rent | $75 |
At September 30, deposits in transit were $4,695, and outstanding checks totaled $3,575. Prepare the bank reconciliation at September 30
Second picture is all the options to complete each section.
LEE COMPANY Bank Reconciliation At September 30 Cash Balance Per Bank Statement $ 24635 Add Deposit in Transit 4695 29330 $ 2300 Interest Earned 40 24565 LessStep by Step Solution
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Guidelines For Auditing Process Safety Management Systems
Authors: CCPS Center For Chemical Process Safety
2nd Edition
0470282355, 978-0470282359
