A | Prepare the bank reconciliation for Judd Company for the month of September. | |||||
B | Prepare the required journal entries to adjust the company's books. | |||||
1 | Judd Company's cash balance in the general ledger at the end of the month | 4,204 | ||||
2 | The balance per bank shown on the bank statement at the end of the month | 10,900 | ||||
3 | Deposits in transit at the end of the month | 5,200 | ||||
4 | Checks outstanding at the end of the month | 10,100 | ||||
5 | Bank service charge for September was | 50 | ||||
6 | The bank returned an NSF check from a customer for | 1,200 | ||||
7 | The bank collected a note receivable for the company | |||||
Principle amount of this note was | 3,000 | |||||
Interest revenue on this note was | (no interest had been accrued) | 100 | ||||
8 | Check #210 was correctly written and paid by the bank for $593 | |||||
The cash payments journal reflects an entry for check #210 as a debit to accounts payable | ||||||
and a credit to cash for $539. | ||||||
A | BANK RECONCILIATION | |||||
9/30/2019 |
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