Week 3 Quiz Check your Online Roos The balance in Happ, Inc.'s general ledger Cash account was $24 860 at September 30, before reconciliation. The September 30 balance shown in the bank statement was $22.250. Reconciling items included deposits in transit. $2.400: bank service charges, $140; NSF check written by a customer and returned with the bank statement, 5900; outstanding checks $760 and interest credited to the account during September but not recorded on the company's books, 580 Required: a. Show the reconciling items in a horizontal model that should be prepared to reflect the reconciling items for Happ, Inc., at September 30. (Use amounts with + for increases and amounts with for decreases.) Income statement Revenues + Stockholders' Equity Net Income Balance Sheet Liabilities (2.600) - Accounts payable 3,300 = Accounts receivable b. What is the amount of cash to be included in the September 30 balance sheet for the company's bank account? Roconcled amount eBook & Resources Book Explain the bank reconciliation procedure HUU WU LUWITH bank statement was $2.280 TUIS Ulayus, $14U: NSF check written by a customer and returned with the bank statement. $900 outstanding checks. $760, not recorded on the company's books, $80. could be prepared to reflect the reconciling items for Happ, Inc., at September 30. (Use amounts with + for increases and ance Sheet bilities wable Stockholders' Equity Income Statement Revenues Net Income = Expenses 760 760 + ber 30 balance sheet for the company's bank account