Question
This information relates to the Cash account in the ledger of Blue Spruce Company. Balance September 1$17,440; Cash deposited$64,310 Balance September 30$18,084; Checks written$63,666 The
This information relates to the Cash account in the ledger of Blue Spruce Company.
Balance September 1$17,440; | Cash deposited$64,310 | |
Balance September 30$18,084; | Checks written$63,666 |
The September bank statement shows a balance of $17,102 at September 30 and the following memoranda.
Credits | Debits | |||||
---|---|---|---|---|---|---|
Collection from customer of electronic funds transfer | $1,870 | NSF check: H. Kane | $765 | |||
Interest earned on checking account | 51 | Safety deposit box rent | 71 |
At September 30, deposits in transit were $4,790 and outstanding checks totaled $2,723.
(a)
Prepare the bank reconciliation at September 30, 2022. (List items that increase cash balance first. Reconcile cash balance per bank first.)
Blue Spruce Company Bank Reconciliation choose the accounting period September 30, 2022For the Year Ended September 30, 2022For the Month Ended September 30, 2022 | |||||
---|---|---|---|---|---|
select an opening name for section one Adjusted cash balance per bankAdjusted cash balance per booksBank service chargeCash balance per bank statementCash balance per booksDeposits in transitElectronic funds transfer receivedInterest earnedNSF checkOutstanding checksSafety deposit box rent | $enter a dollar amount | ||||
select between addition and deduction LessAdd: | select an opening name for section one Adjusted cash balance per bankAdjusted cash balance per booksBank service chargeCash balance per bank statementCash balance per booksDeposits in transitElectronic funds transfer receivedInterest earnedNSF checkOutstanding checksSafety deposit box rent | enter a dollar amount | |||
enter a subtotal of the two previous amounts | |||||
select between addition and deduction LessAdd: | select an opening name for section one Adjusted cash balance per bankAdjusted cash balance per booksBank service chargeCash balance per bank statementCash balance per booksDeposits in transitElectronic funds transfer receivedInterest earnedNSF checkOutstanding checksSafety deposit box rent | enter a dollar amount | |||
select an opening name for section one Adjusted cash balance per bankAdjusted cash balance per booksBank service chargeCash balance per bank statementCash balance per booksDeposits in transitElectronic funds transfer receivedInterest earnedNSF checkOutstanding checksSafety deposit box rent | $enter a total amount for section one | ||||
select an opening name for section one Adjusted cash balance per bankAdjusted cash balance per booksBank service chargeCash balance per bank statementCash balance per booksDeposits in transitElectronic funds transfer receivedInterest earnedNSF checkOutstanding checksSafety deposit box rent | $enter a dollar amount | ||||
select between addition and deduction LessAdd: | |||||
select an opening name for section one Adjusted cash balance per bankAdjusted cash balance per booksBank service chargeCash balance per bank statementCash balance per booksDeposits in transitElectronic funds transfer receivedInterest earnedNSF checkOutstanding checksSafety deposit box rent | $enter a dollar amount | ||||
select an opening name for section one Adjusted cash balance per bankAdjusted cash balance per booksBank service chargeCash balance per bank statementCash balance per booksDeposits in transitElectronic funds transfer receivedInterest earnedNSF checkOutstanding checksSafety deposit box rent | enter a dollar amount | ||||
enter a subtotal of the two previous amounts | |||||
enter a total amount for the first part of section two | |||||
select between addition and deduction AddLess: | |||||
select an opening name for section one Adjusted cash balance per bankAdjusted cash balance per booksBank service chargeCash balance per bank statementCash balance per booksDeposits in transitElectronic funds transfer receivedInterest earnedNSF checkOutstanding checksSafety deposit box rent | enter a dollar amount | ||||
select an opening name for section one Adjusted cash balance per bankAdjusted cash balance per booksBank service chargeCash balance per bank statementCash balance per booksDeposits in transitElectronic funds transfer receivedInterest earnedNSF checkOutstanding checksSafety deposit box rent | enter a dollar amount | ||||
enter a subtotal of the two previous amounts | |||||
select an opening name for section one Adjusted cash balance per bankAdjusted cash balance per booksBank service chargeCash balance per bank statementCash balance per booksDeposits in transitElectronic funds transfer receivedInterest earnedNSF checkOutstanding checksSafety deposit box rent | $enter a total amount for section two |
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