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This information relates to the Cash account for Ivanhoe Company. Balance September 1-$17,930; Cash deposited-$64,000 Balance September 30-$19,130; Checks written-$62,800 The September bank statement shows

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This information relates to the Cash account for Ivanhoe Company. Balance September 1-$17,930; Cash deposited-$64,000 Balance September 30-$19,130; Checks written-$62,800 The September bank statement shows a balance of $18,030 at September 30 and the following memoranda Credits Collection of electronic funds transfer Interest earned on checking account $1,240 $2,510 55 Debits NSF check: H. Kane Safety deposit box rent At September 30, deposits in transit were $5,428 and outstanding checks totaled $3,073. (a) Your answer is correct. Prepare the bank reconciliation at September 30, 2017. (List Items that increase balance as per bank books first.) VANHOE COMPANY Bank Reconciliation September 30, 2017 Cash balance per bank statement Add o Deposits in transit . on less outstanding the 1 Adjusted cash balance per bank IVANHOE COMPANY Bank Reconciliation September 30, 2017 TCash balance per bank statement 18030 Add Deposits in transit 5428 23458 Less T Outstanding checks 3073 T Adjusted cash balance per bank 20385 TCash balance per bo 19130 Add Electronic funds transfer received 2510 vel leve Interest earned 2565 21695 NSF check Kimmel, Survey of Accounting, le LESS : Outstanding checks 3073 Adjusted cash balance per bank 20385 Cash balance per books 19130 19130 1 Add : Electronic funds transfer received - 2510 T Interest earned 2565 21695 Less : NSF check 1240 evel I Safety deposit box rent 1310 Adjusted cash balance per books (b Prepare a tabular analysis for the adjustments at September 30, assuming the NSF check was from a customer on account. Include margin explanations for the changes revenues and expenses. (If a transaction results in a decrease in Assets, Llabilities or Stockholders' Equity, place a negative sign (or parentheses) in front the amount entered for the particular Asset, Liability or Equity em that was reduced.) Assets Liabilities + Stockholders' Equity Accts Cash EXD Sept. 30

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