The following information pertains to the bank transactions of Chase Company: a. Cash on the books as of September 30 wa

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The following information pertains to the bank transactions of Chase Company: a. Cash on the books as of September 30 wa

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The Following Information Pertains To The Bank Transactions Of Chase Company A Cash On The Books As Of September 30 Wa 1
The Following Information Pertains To The Bank Transactions Of Chase Company A Cash On The Books As Of September 30 Wa 1 (2.27 MiB) Viewed 57 times
The following information pertains to the bank transactions of Chase Company: a. Cash on the books as of September 30 was $2,260. Cash as shown on the bank statement for the same date was $3,320. b. Deposits in transit are $430 c. Outstanding checks totaled $720. d. Bank service charges for September amounted to $30. e. The bank collected $1,050 for Crawford Company on a note left for collection. The amount of the note was $1,000. The other $50 collected was for interest. f. An NSF check for $250 from a customer, Jack Reacher, was returned with the statement. 1. Prepare a bank reconciliation for Chase Company as of September 30. 2. Prepare any necessary journal entries. OMIT EXPLANATIONS.
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