Balance September 1-$17,090; Cash deposited-$64,000 Balance September 30-$18,290; Checks written-$62,800 written-$ The September bank statement shows a balance of $17,190 at September 30 and the following memoranda.

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter5: Cash Control Systems
Section: Chapter Questions
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This information relates to the Cash account for Cullumber Company.
Balance September 1-$17,090; Cash deposited-$64,000
Balance September 30-$18,290; Checks written-$62,800
The September bank statement shows a balance of $17,190 at September 30 and the following memoranda.
Credits
Collection of electronic funds transfer
Interest earned on checking account
$1,990
50
Debits
NSF check: H. Kane
Safety deposit box rent
$720
65
At September 30, deposits in transit were $4,903 and outstanding checks totaled $2,548.
Transcribed Image Text:This information relates to the Cash account for Cullumber Company. Balance September 1-$17,090; Cash deposited-$64,000 Balance September 30-$18,290; Checks written-$62,800 The September bank statement shows a balance of $17,190 at September 30 and the following memoranda. Credits Collection of electronic funds transfer Interest earned on checking account $1,990 50 Debits NSF check: H. Kane Safety deposit box rent $720 65 At September 30, deposits in transit were $4,903 and outstanding checks totaled $2,548.
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