Essay
The information below relates to the Cash account in the ledger of Lee Company.
Balance September 1-$25,725; Cash deposited-$96,000.
Balance September 30-$22,225; Checks written-$99,500.
The September bank statement shows a balance of $24,635 on September 30 and the following memoranda. 
At September 30, deposits in transit were $4,695, and outstanding checks totaled $3,575.
Instructions
Prepare the bank reconciliation at September 30.
Correct Answer:
Verified
Correct Answer:
Verified
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