Question: Current Attempt in Progress The information below relates to the Cash account in the ledger of Sheridan Company. Balance September 1-$17,000; Balance September 30-$17,744; Cash

Current Attempt in Progress The information below relates to the Cash account in the ledger of Sheridan Company. Balance September 1-$17,000; Balance September 30-$17,744; Cash deposited --$64,260. Checks written-$63,516. The September bank statement shows a balance of $16,762 on September 30 and the following memoranda. Credits Collection of $1,660 note plus interest $40 Interest earned on checking account $1,700 Debits NSF check: Richard Nance Safety deposit box rent $55 $595 $75 At September 30, deposits in transit were $4,620, and outstanding checks totaled $2,553 Prepare the adjusting entries at September 30, assuming (1) the NSF check was from a customer on account, and (2) no interest had been accrued on the note. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually) No. Account Titles and Explanation Debit Credit Sept. 30 (To record note receivable.) Sept. 30 (To record interest earned.) Sept. 30 (To record NSF check.) Sept. 30 (To record safety deposit rent)
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