The information below relates to the Cash account in the ledger of Lee Company. Balance...
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The information below relates to the Cash account in the ledger of Lee Company. Balance September 1-$25,725 Balance September 30-$22,225 Cash deposited $96,000. Checks written-$99,500. The September bank statement shows a balance of $24,635 on September 30 and the following memoranda. Credits Collection of $4,250 note plus interest $50 Interest earned on checking account $4,300 $40 Debits NSF check: J. E. Hoover Safety deposit box rent $735 $75 At September 30, deposits in transit were $4,695, and outstanding checks totaled $3,575. Prepare the bank reconciliation at September 30. (List items that increase cash balance first.) Prepare the bank reconciliation at September 30. (List items that increase cash balance first.) LEE COMPANY Bank Reconciliation $
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