Question this information relates to the cash account in

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Question :

This information relates to the Cash account in the ledger of Hawkins Company.

Balance September 1-$16,400; Cash deposited-$64,000

Balance September 30-$17,600; Checks written-$62,800

The September bank statement shows a balance of $16,500 at September 30 and the subsequent memoranda.

Credits Debits

Collection of $1,800 note plus interest $30 $1,830 NSF check: H. Juno $560

Interest earned on checking account 45 Safety deposit box rent 60

At September 30, deposits in transit were $4,738 and outstanding checks totaled $2,383.

Instructions

(a) Purpose the bank reconciliation at September 30, 2012.

(b) Purpose 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.

Reference no: EM13348939

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