Reference no: EM132350615
Question - The information below relates to the Cash account in the ledger of Jason Company.
Balance September 1-$25,700Cash deposited-$96,000.Balance September 30-$22,200Checks written-$99,500.
The September bank statement shows a balance of $24,635 on September 30 and the following memoranda.
Collection of $4,200 note plus interest $50$4,250NSF check: J. E. Hoover$729Interest earned on checking account$28Safety deposit box rent $75.
At September 30, deposits in transit were $4,596, and outstanding checks totaled $3,557.
Prepare the bank reconciliation at September 30.