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The information below relates to the Cash account in the ledger of Minton Company. Balance September 1 $17,220 Cash deposited-$64,250. Balance September 30-$18,344 Checks written-$63,126.
The information below relates to the Cash account in the ledger of Minton Company. Balance September 1 $17,220 Cash deposited-$64,250. Balance September 30-$18,344 Checks written-$63,126. The September bank statement shows a balance of $17,362 on September 30 and the following memoranda. Debits Credits Collection of $1,962 note plus interest $38 $2,000 NSF check: Richard Nance $895 Interest earned on checking account $73 $53 Safety deposit box rent At September 30, deposits in transit were $4,920, and outstanding checks totaled $2,853
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