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The Information Below Relates to the Cash Account in the Ledger

Question 181

Essay

The information below relates to the Cash account in the ledger of Remington Company.
Balance September 1-$25,720 Cash deposited-$96,000.
Balance September 30-$26,100 Checks written-$95,620.
The September bank statement shows a balance of $24,635 on September 30 and the following memoranda. The information below relates to the Cash account in the ledger of Remington Company. Balance September 1-$25,720 Cash deposited-$96,000. Balance September 30-$26,100 Checks written-$95,620. The September bank statement shows a balance of $24,635 on September 30 and the following memoranda. At September 30, deposits in transit were $7,195, and outstanding checks totaled $2,575. Instructions Prepare the bank reconciliation at September 30. At September 30, deposits in transit were $7,195, and outstanding checks totaled $2,575.
Instructions
Prepare the bank reconciliation at September 30.

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