The September bank statement and cash T-account for Terrick Company follow:

BANK STATEMENT
Date	Checks			Deposits			Other				Balance
Sept. 1											$	86,900
2	$	730										86,170
4		3,100										83,070
6		2,050										81,020
11		410			$15,000							95,610
13		760										94,850
17		11,100										83,750
23		145			32,500							116,105
26		810										115,295
28		9,100										106,195
29		840			17,500		NSF*	$	610			122,245
30		510					Interest earned		170			121,905
30							Service charge		50			121,855

*NSF check from B. Frank, a customer.

Cash (A)

Sept. 1 Balance	86,900		Checks written during September:
Deposits			730	9,100
Sept. 11	15,000		3,100	840
23	32,500		2,050	510
29	17,500		410	610
30	23,200		760	7,100
			11,100	145
			810
Sept. 30 Balance	137,835

Required:

1.

Identify and list the deposits in transit at the end of September. (Select all that apply.)

$15,000

$32,500

$17,500

$23,200

2.

Identify and list the outstanding checks at the end of September

	$730 $3,100 $2,050 $410 $760 $11,100 $810 $9,100 $840 $510 $610 $7,100 $145

3.

Prepare a bank reconciliation for September

4.	Prepare any journal entries that the company should make as a result of the bank reconciliation. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

a. Record the interest of $170 receipt from the bank.

b. Record the service charges of $50 deducted by the bank.

c. Record the return of the B. Frank check of $610 due to insufficient funds.