Balance per books at August 31, $19,580.35; Receipts $185,680.86; disbursements $191,600.09. Balance per bank statement September 30, $17,780.63. The following checks were outstanding at September 30. 1. #5641 - $1,856.21 2. #5642 - $953.40 3. #5644 -$2,681.27 4. #5645 - $300.00 Included with the September bank statement and not recorded by the company were a bank debit memo for $31.00 covering bank charges for the month, a debit memo for $859.46 for a customer's check returned and marked NSF, and a credit memo for $900 representing bond interest collected by the bank in the name of Initech Inc. Cash on hand at September 30 recorded and awaiting deposit amounted to $1,680.91. On your own sheet of paper please show all of your work for the following: a. Prepare a bank reconciliation (to the correct balance) at September 30, for Initech Inc. from the information above. b. Prepare any journal entries required to adjust the cash account at September 30.
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Balance per books at August 31, $19,580.35; Receipts $185,680.86; disbursements $191,600.09. Balance...
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