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22 oints 01:30:46 TB Problem 5-171 (Algo) McDermott Company's bank statement for... McDermott Company's bank statement for September 30 showed an ending cash balance of $1,504. The company's Cash account in Its general ledger showed a $1,160 debit balance. The following information was also available as of September 30. • The bank deducted $180 for an NSF check from a customer deposited on September 15. • The September 30 cash receipts, $1,360, were placed in the bank's night depository after banking hours on that date and this amount did not appear on the September 30 bank statement. . A $26 debit memorandum for checks printed by the bank was included with the canceled checks. Outstanding checks amounted to $1,310. . Included with the bank statement was a credit memo in the amount of $930 for an EFT in payment of a customer's account. • Included with the canceled checks was a check for $330, drawn on the account of another company. Required: a. Prepare a bank reconciliation as of September 30. b. Prepare the journal entries for the items on the company's bank reconciliation as of September 30. Complete this question by entering your answers in the tabs below.
Required: a. Prepare a bank reconciliation as of September 30. b. Prepare the journal entries for the items on the company's bank reconciliation as of September 30. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a bank reconciliation as of September 30. Updates to Bank Statement Ending Cash Balance per Bank Statement Additions: Deductions: Up-to-date ending cash balance McDermott Company Bank Reconciliation At September 30 <Required A Updates to Company's Books Ending Cash Balance per Books Additions: Deductions: Up-to-date ending ch balance Required B >
Required A Required B Prepare the journal entries for the items on the company's bank reconciliation as of September 30. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 Record a credit memo in the amount of $930 for an EFT in payment of a customer's account. Date September 30 3 Note: Enter debits before credits. Record entry General Journal. Clear entry <Required A Debit Credit View general Journal Required >
Journal entry worksheet Record the amount of $180 for an NSF check from a customer deposited on september 15. 3 Note: Enter debits before credits. Date September 30 Record entry General Journal Clear entry Debit Credit View general journal
2 Date September 30 3 Record a debit memo of $26 for checks printed by the bank. $3 Note: Enter debits before credits. Record entry General Journal Clear entry Debit Credit View general Journal