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The information below relates to the Cash account in the ledger of Swifty Company. Balance September 1-$17,260; Cash deposited-$64,410. Balance September 30-$18,204; Checks written-$63,466. The
The information below relates to the Cash account in the ledger of Swifty Company. Balance September 1-$17,260; Cash deposited-$64,410. Balance September 30-$18,204; Checks written-$63,466. The September bank statement shows a balance of $17,222 on September 30 and the following memoranda. Credits Debits Collection of $1,893 note plus interest $37 $1,930 NSF check: Richard Nance $825 Interest earned on checking account $52 Safety deposit box rent $72 At September 30, deposits in transit were $4,850, and outstanding checks totaled $2,783. (a) Your answer is partially correct. Prepare the bank reconciliation at September 30. (List items that increase cash balance first.) SWIFTY COMPANY Bank Reconciliation Add Less Add Less to Show less
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