Prepare the adjusting entries at september 30 assuming the

Reference no: EM13483661

This information relates to the Cash account in the ledger of Treanor Company.
Balance September 1-$16,859; Cash deposited-$64,000
Balance September 30-$18,059; Checks written-$62,800

The September bank statement shows a balance of $16,959 at September 30 and the following memoranda.

Credits		Debits
Collection of $2,335 note plus interest $30	$2,365	NSF check: H. Kane	$1,095
Interest earned on checking account	60	Safety deposit box rent	75

At September 30, deposits in transit were $5,288 and outstanding checks totaled $2,933.


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Prepare the bank reconciliation at September 30, 2014.

TREANOR COMPANY Bank Reconciliation September 30, 2014
		$
Add:

Less:
		$

		$
Add:	$



Less:


		$


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Prepare the adjusting entries at September 30, assuming the NSF check was from a customer on account, and no interest had been accrued on the note.(Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date	Account Titles and Explanation	Debit	Credit
Sept. 30


	(To record collection of note receivable by bank)
Sept. 30

	(To record Interest earned on checking account)
Sept. 30

	(To record NSF check)
Sept. 30

	(To record charges for safety deposit box rent)

Reference no: EM13483661

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